Posted in NY Post Dow plunges 1,000 points as oil, gas prices surge after Iran orders Strait of Hormuz closure March 3, 2026 The Dow tumbled more than 1,000 points on Tuesday after gasoline prices spiked overnight and oil rocketed above $83 a barrel as the widening conflict in Iran began to disrupt global energy supplies. https://nypost.com/2026/03/03/business/dow-plunges-1000-points-as-oil-gas-prices-surge-after-iran-orders-strait-of-hormuz-closure/