By Mike Dolan March 30 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Markets remain unconvinced that a hasty end to the Middle East war is imminent, with oil prices surging again on Monday and global stocks getting off to a rocky ‌start. Any hopes of near-term de-escalation were wiped away over the weekend as Iran-affiliated Houthi forces in Yemen joined the conflict and President Trump suggested U.S. ‌troops could take Kharg Island, Iran’s main oi ...

March 27, 2026 09:17 AM GMT Asia Economics | Asia Pacific The Viewpoint: How policy responses to the energy shock could evolve Fiscal measures will likely cushion the initial 30-50% increase in international oil prices but the pass-through to domestic fuel prices will rise if oil prices stay higher for longer. However, this still does not mean that central banks in Asia will hike as much as the market is pricing in. Key Takeaways In this report, we discuss the policy response to energy shock and how it will ...

Citi Research 2Q'26 Commodities Market Outlook March 23, 2026 Energy to move higher, risk-exposed commodities lower, and how to trade and risk manage a 1970s type oil shock Maximilian LaytonAC Global Head | Commodities max.layton@citi.com +44 20 7986 4556 Kenny Hu, CFAAC Commodities Strategy kenny.x.hu@citi.com +65 6657 3873 Anthony YuenAC Energy Head anthony.yuen@citi.com +852 2501 2731 Tom MulqueenAC Metals Strategy tom.mulqueen@citi.com +44 20 7986 4559 Eric G. LeeAC Energy Strategy eric.g.lee@citi.com + ...

During the 1979 Iranian revolution, crude prices more than doubled from $14 to over $35 by early 1981. Under then-Chair Paul Volcker, the Fed aggressively fought inflation. Volcker prioritized tackling inflation, even at the cost of a recession, and the Fed raised the rates to a peak of 20% in 1980.Before the energy crisis, the Fed had been raising rates to combat inflation in the first half of 1973 but shifted its focus later that year as the economy weakened. As inflation picked up, Burns and the Fed swit ...

Bears Eye Next Leg Lower as Energy Shock, Trump Ultimatum Roil Markets By Ali Merchant Market Overview Published 03/23/2026, 04:56 AM Bears Eye Next Leg Lower as Energy Shock, Trump Ultimatum Roil Markets View all comments (0)0 Ali Merchant Articles(106)| My Homepage Follow NDX-1.88% US500-1.51% DJI-0.96% Key highlights: Asian stocks fell Monday as fears of US–Israel escalation with Iran after President Trump's ultimatum prompted a flight from risk; Japan, South Korea, and India underperformed due to greate ...

Brent crude and other benchmarks have pulled away from U.S. oil in recent days. (Getty Images) The energy shock from the Iran war is threatening to become a full-blown global crisis. But you wouldn't know it looking at U.S. oil prices. This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djr ...

China is relatively well-prepared to cope with the fallout from the Iran war. The current energy shock sheds light on what self-sufficiency means for its rulers https://t.co/qbr3yYPiuV ...

Core Insights - Britain is facing a prolonged energy shock, with electricity prices expected to rise due to a global gas supply squeeze, regardless of the resolution of the conflict in Iran [1] Group 1: Price Forecasts - LCP Delta predicts wholesale electricity costs will increase by approximately 40% this year and 18% next year [3] - Gas prices are estimated to rise by an average of 70% compared to pre-conflict forecasts this year, with prices expected to remain 36% higher through 2027 [5] Group 2: Impact on Households and Businesses - Energy UK warns that household energy bills could increase by £250 annually starting in July due to the Iran conflict, urging the government to prepare support for those most affected [3] - The UK's subsea interconnector links to Norway and France may soften the impact on bills, as these countries rely on hydroelectric and nuclear power, respectively [6] Group 3: Supply Chain Concerns - Qatar, a major LNG supplier, has halted production at its largest facility due to Iranian attacks, with resumption expected to take weeks after hostilities cease [7] - A major gas field in the UAE was also shut down following an attack, further complicating supply dynamics [8] Group 4: Storage and Reserves - European gas storage levels are approximately 10% lower than last year, which may lead to sustained high prices as countries attempt to refill storage facilities amid ongoing geopolitical tensions [9]

Core Insights - The closure of the Strait of Hormuz has led to significant energy supply disruptions, affecting global oil prices and market stability [1] Group 1: Industry Impact - The Strait of Hormuz is a critical chokepoint for global oil transportation, with approximately 20% of the world's oil passing through it [1] - Following the closure, oil prices surged by 10%, reflecting immediate market reactions to supply concerns [1] - Analysts predict that prolonged disruptions could lead to a 30% increase in oil prices over the next quarter if alternative routes are not established [1] Group 2: Global Economic Effects - The energy shock is expected to ripple through various sectors, increasing costs for transportation and manufacturing industries globally [1] - Countries heavily reliant on oil imports, particularly in Europe and Asia, may face economic slowdowns due to rising energy costs [1] - The potential for inflationary pressures is heightened, as energy prices directly influence consumer goods and services [1]

Core Insights - The ongoing Iran war is significantly impacting the global energy market, with countries implementing various measures to cope with the resulting energy shock [1][2] Group 1: Global Responses to Energy Crisis - Countries are imposing fuel export bans, loosening refining standards, and encouraging energy conservation measures, such as using stairs instead of elevators [2] - China has ordered refiners to halt refined fuel exports to prevent domestic shortages, affecting gasoline, diesel, and aviation fuel shipments [3] - Japan is considering capping gasoline prices at an average of 170 yen ($1.07) per liter, with potential increases to 200 yen per liter [4] Group 2: Specific National Measures - Japan has unilaterally released crude oil from its stockpiles to mitigate the impact of rising fuel costs, as it heavily relies on energy imports [5] - South Korea has implemented a petroleum price ceiling to manage domestic fuel prices amid the crisis [6] - India has directed oil refineries to prioritize liquefied petroleum gas supply for households over commercial use, reflecting the need to address domestic energy demands [6]