Oil prices soar past $100 while Dow futures sink 900 points as Iran war spirals into worst-case fears and U.S. eyes special forces mission

Just over a week into the U.S.-Israeli war on Iran, Wall Street has started to price in a prolonged conflict, as hopes for a swift endgame have been crushed.

With no signs of de-escalation, both sides are instead upping the ante, expanding targets to critical infrastructure and risking greater retaliation in the process.

U.S. oil futures shot up 17.2% to $106.57 a barrel, and Brent crude gained 15.2% to $106.81. Over the weekend, President Donald Trump downplayed the possibility...