This is something that we want to explore before we hand things over to Bloomberg Businessweek daily. Kaylee, Where are we at. $66.West Texas Intermediate 66 and a half. Now, there's a 2% move today. And of course, you know, we were talking about plumbing, the depths of prices with oil just weeks ago this march to a potential strike once again against Iran has changed the game.And we wanted to ask Mike McGlone about the latest here. Bloomberg Intelligence, senior commodity strategist, has been a bear on oil ...

It was supposed to be the year of glutted oil markets and lower prices, but the first weeks of 2026 have instead been dominated by geopolitical spikes and supply disruption, powering futures to $70 a barrel. https://t.co/BPHpbSem6w ...

Oil's up about 4%, natural gas is up just over 1%. So again, the moves they are probably thankfully not huge, but this could keep oil and gas stocks hot. Morgan, as you guys have talked about in overtime and more, oil and gas stocks, they have moved higher over the past month. One thing is clear, the price of oil determines the path of stocks. You can hate it, you can be annoyed by that, but it is the reality. As the price of oil goes up, oil stocks tend to go up. As the price of oil goes down, price of oil ...

So Richard, where could we see oil go. We saw earlier this morning it spiked. It was up about 15 14% earlier, but we've seen this before where geopolitical events happen, the price spikes, and then it just seems to come right back down.Do you think this time maybe different. Well, I think the question really depends what happens next and that's what the oil price is starting to reflect. How big is Iran's response.Is it only targeted at Israel or does it also extend maybe to US bases to other allies in the r ...