The Middle East conflict is impacting a wide range of sectors besides the obvious oil and defense names, as a surge in oil prices can affect consumer behavior in many ways.

US stocks fall on Israel-Iran worries, with Dow down xxx pts. Oil rises on supply worry. Gold hit a record high and US dollar rises on flee to safety.

Oil prices leaped, and stocks slumped on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy.