AP NewsWatch

I'm Ben Thomas.

With an EP news minute, oil prices and stocks swung sharply today amid uncertainty over

the Iran War.

President Trump has set an 8 p.m. eastern deadline for Tehran to reach a deal that includes

reopening the straight-to-for-muse.

But a White House official says U.S. forces have already struck military targets on Iran's

oil-harp car-guiland, and Israeli warplanes have struck bridges and railways in Iran.

The S&P fell as much as 1.2 percent today, but finished with a small gain, as did the

NASDAQ.

The Dow fell 85 points.

Benchmark U.S. crude peaked above $117 per barrel before settling just below $113, Brent

crude actually eased.

Meanwhile, gasoline's averaging $4.14 per gallon across the U.S., according to the

AAA.

Hannah Fingerhut, on where that money goes.

The main profits are earned upstream, with those that are finding the oil, getting it out

of the ground, and refining it.

The A.P.'s Hannah Fingerhut, and on Benchomas.