Due to uncertainties surrounding the prospects of negotiations between the United States and Iran, international crude oil futures prices surged significantly on the 26th, while all three major indexes of the New York stock market fell sharply. Concerns over inflation in the market led to steep declines in international gold and silver prices.
By the close of trading that day, the Dow Jones Industrial Average had fallen by 1.01%, the S&P 500 Index had dropped by 1.74%, and the Nasdaq Composite Index had declined by 2.38%.
The price of light crude oil futures for May delivery on the New York Mercantile Exchange closed at $94.48 per barrel, an increase of 4.61%; May Brent crude oil futures closed at $108.01 per barrel (approximately RM430.79), an increase of 5.66%.
The April gold futures price on the New York Mercantile Exchange fell below $4,400 per ounce that day, a drop of nearly 4%; May silver futures fell below $70 per ounce, with a decline of more than 7%.