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Geopolitical Noise + Hot Oil – Risk-Off Dominates Day
Ulli... The ETF Bully· 2026-03-19 20:33
[Chart courtesy of MarketWatch.com][Chart courtesy of MarketWatch.com]Moving the marketThe major indexes opened weak and stayed under pressure for most of the day, as oil prices kept climbing on fresh worries from the U.S.-Iran conflict.West Texas Intermediate crude swung between $93 and $100 a barrel, while Brent surged 3% to $111 after Iran struck a key LNG export facility in Qatar and Israel hit Iran’s South Pars gas field.Iran retaliated by targeting Qatari energy sites, and President Trump warned that ...