# Dow Jones Industrial Average dropped over 240 points,.

*business · news · 2026-04-07 · CNBC TV18*

## Key points

- Donald Trump warned that 'a whole civilisation will die tonight' regarding Iran.
- US forces struck Kharg Island, which handles nearly 90% of Iran’s crude exports.
- Oil prices surged, with WTI above $115 and Brent crude crossing $110 per barrel.
- Reports emerged of possible Iranian missile strikes on Saudi Arabia, raising fears of wider conflict.

**Countries:** United States, Iran, Saudi Arabia

[Read the full story on CNBC TV18](https://www.cnbctv18.com/market/dow-jones-nasdaq-sp-trump-oil-strait-of-hormuz-tumbles-over-240-points-as-trump-amps-up-iran-bombing-threat-19882353.htm)

---

Canonical: https://newsio.io/n/49d935d9-03f8-4b24-9249-46ef4b0f1bbb/dow-jones-industrial-average-dropped-over-240-points
Summarized by Newsio from CNBC TV18. https://newsio.io/how-it-works