A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on April 7, 2026. Oil prices jumped Tuesday and stocks fell after US-Israeli strikes on the key Iranian oil export terminal of Kharg island, with investors bracing for US President Donald Trump's looming deadline for Iran to reopen the Strait of Hormuz or face devastating attacks. (Photo by CHARLY TRIBALLEAU / AFP via Getty Images)