NEW YORK — U.S. stocks slumped on Tuesday under the weight of another jump for the price of oil. It was a return to form for financial markets after Wall Street’s worries about Israel’s fighting with Iran had seemed to calm a bit on Monday.

Oil futures jumped fast on Tuesday after Donald Trump went online and fired a direct threat at Iran’s Supreme Leader. West Texas Intermediate (WTI) surged more than 2.5% to hit $73.6 per barrel, reaching its highest price in five months.

U.S. stock futures slipped and oil prices rose on Tuesday, as investors were rattled by U.S. President Donald Trump's call for everyone to evacuate Tehran with the fifth-day of Israel-Iran fighting sowing fears of a broader regional conflict.