A sharp drop in oil prices continued Tuesday morning, even after Defense Secretary Pete Hegseth said the day would see America’s “most intense day of strikes inside Iran." U.S. crude oil fell more than 11% to as low as $83.01 per barrel. International Brent crude also dropped 10% to as low as $87.30. Still, U.S. crude oil prices are up more than 23% since the start of the war. Meanwhile, stocks rose. The S&P 500 jumped 0.3% in early trading, while the Nasdaq Composite was traded higher by 0.6%