The Stakes Get Higher We’re in week two of conflict in the Middle East. Since last week’s column, oil nearly reached $120/bbl on Sunday night as supply disruption concerns collided with low overnight liquidity. It then fell below $90/bbl Monday afternoon after US President Trump said the war could be ending soon. That’s a swing of…Read more
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At a Glance As shockwaves from the war with Iran upend global energy markets, the focus will be on inflation here in the U.S. Crude oil prices have spiked since fighting broke out at the end of February, and consumers are already seeing higher prices at the gas pump. Over time, higher energy costs can…Read more
