Market news for April 2, 2026: Protracted war fears over Iran triggered a global sell-off today. Stocks tumbled, driving oil near $110 per barrel, while the dollar firmed. US President Trump's address offered no exit timeline, leaving investors bracing for prolonged conflict and deepening economic risks ahead of the long weekend.

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Protracted war fears fuel global sell-off; oil nears $110

BT Market Focus

Protracted war fears fuel global sell-off; oil nears $110