>> THIS IS BLOOMBERG BUSINESSWEEK DAILY REPORTING FROM THE MAGAZINE THAT HELPS GLOBAL LEADERS STAY AHEAD WITH INSIGHT ON THE PEOPLE, COMPANIES AND TRENDS SHAPING TODAY'S COMPLEX ECONOMY PLUS GLOBAL BUSINESS, FINANCE AND TECH NEWS AS IT HAPPENS. BLOOMBERG BUSINESSWEEK DAILY WITH CAROL MASSAR AND TIM STENOVEC, LIVE ON BLOOMBERG RADIO, TELEVISION, YOUTUBE AND BLOOMBERG ORIGINALS. CAROL: GOOD AFTERNOON, THIS IS BLOOMBERG BUSINESSWEEK DAILY FOR THIS TUESDAY, MARCH 10, 2026.CAROL MASSAR ALONGSIDE NORAH MULINDA, M ...

RT Arya Yadeghaar (@AryJeay)US energy secretary Chris Wright had claimed the US escorted an oil tanker through the Strait of Hormuz, earlier today.The IRGC immediately denied this claim and said it was false, did not happen.Now, Chris Wright deleted his post and a US official confirmed his claim was not true. ...

By Georgina McCartney, Arathy Somasekhar and Siddharth Cavale HOUSTON, March 10 (Reuters) - Brent oil prices are set to trade above $95 a barrel over the next two months as the ‌Iran war disrupts supplies, before falling to around $70 by the end of the year, the ‌Energy Information Administration said on Tuesday in a monthly report. Oil shipments have been largely blocked from using the Strait of Hormuz, ​a critical chokepoint through which a fifth of global oil flows every day, and this will cause Mid ...

RT Mr hunter (@TrueGemHunter)🛢️THIS IS THE LARGEST OIL SUPPLY SHOCK IN HISTORY 💥This is the Strait of Hormuz, where 20% of the world’s oil flows through every day is CLOSED.20M barrels per day lost, previous major shocks combined are 18.3M barrels per day.OIL can even reach $200.GLOBAL STOCK MARKETS ARE DOOMED. ...

RT Mr hunter (@TrueGemHunter)🛢️THIS IS THE LARGEST OIL SUPPLY SHOCK IN HISTORY 💥This is the Strait of Hormuz, where 20% of the world’s oil flows through every day is CLOSED.20M barrels per day lost, previous major shocks combined are 18.3M barrels per day.OIL can even reach $200.GLOBAL STOCK MARKETS ARE DOOMED. ...

RT Mr hunter (@TrueGemHunter)🛢️THIS IS THE LARGEST OIL SUPPLY SHOCK IN HISTORY 💥This is the Strait of Hormuz, where 20% of the world’s oil flows through every day is CLOSED.20M barrels per day lost, previous major shocks combined are 18.3M barrels per day.OIL can even reach $200.GLOBAL STOCK MARKETS ARE DOOMED. ...

RT Mr hunter (@TrueGemHunter)🛢️THIS IS THE LARGEST OIL SUPPLY SHOCK IN HISTORY 💥This is the Strait of Hormuz, where 20% of the world’s oil flows through every day is CLOSED.20M barrels per day lost, previous major shocks combined are 18.3M barrels per day.OIL can even reach $200.GLOBAL STOCK MARKETS ARE DOOMED. ...

🛢️THIS IS THE LARGEST OIL SUPPLY SHOCK IN HISTORY 💥This is the Strait of Hormuz, where 20% of the world’s oil flows through every day is CLOSED.20M barrels per day lost, previous major shocks combined are 18.3M barrels per day.OIL can even reach $200.GLOBAL STOCK MARKETS ARE DOOMED. ...

Core Viewpoint - Opinions on the future direction of oil prices are expected to significantly influence decision-making processes in the industry [1] Group 1 - The uncertainty surrounding oil prices is a critical factor for investors and companies in the energy sector [1] - Analysts are closely monitoring geopolitical events and supply chain dynamics that could impact oil prices [1] - Fluctuations in oil prices may lead to adjustments in investment strategies and operational planning for companies [1]

Group 1 - Oil prices surpassed the $100-a-barrel mark, causing market anxiety, but G7 countries pledged to release strategic reserves, which helped ease prices [1] - Major stock indexes ended the day positively as oil prices declined, indicating resilience in the stock market despite oil market volatility [1] - Ed Yardeni increased the likelihood of a stock market meltdown from 20% to 35%, citing concerns over stagflation reminiscent of the 1970s oil crisis [2] Group 2 - Pantheon Macroeconomics believes fears of oil prices driving inflation are exaggerated due to a weak US labor market that cannot support significant price increases [2] - Samuel Tombs from Pantheon noted that higher inflation expectations are irrelevant if employers control wage settings and consumers reduce spending [3] - Energy economist Daniel Yergin expressed optimism about the global economy's resilience, suggesting it may withstand the current oil crisis better than anticipated [3] Group 3 - An extended closure of the Strait of Hormuz could have more severe and lasting impacts on markets and the economy than a temporary price spike [4] - Historical data indicates that only significant and sustained increases in crude oil prices lead to persistent inflationary cycles, according to BofA analysts [4] - Governments are advising citizens on ways to mitigate the effects of rising oil prices, but practical implementation may be challenging due to inadequate public transportation in many US cities [5]