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At Close: Jun 04, 2026
Description: @gasbuddy's Patrick DeHaan says it's not just tensions in the Middle East Americans will need to watch when it comes to gas prices. He points to seasonal trends adding onto supply woes bu

Oil market in chaos: Here's what happens next

05:00pm, Monday, 09'th Mar 2026
The U.S.-Israeli war with Iran has thrown global oil markets into chaos. Yahoo Finance Breaking News Reporter Jake Conley sits down with Morning Brief Host Julie Hyman and Head of News Myles Udland to
U.S. Energy Secretary Chris Wright said on Monday that the U.S. ​is considering coordinating sales ​of oil from the U.S. ⁠Strategic Petroleum Reserve with ​releases from other countries as ​
Virtually every major asset class has been stung by volatility over the past week as the combined U.S. and Israeli assault on Iran caused one of the most rapid spikes in crude-oil prices on record.
President Donald Trump's administration is considering reducing oil sanctions on Russia to help cool ​a surge in global energy prices triggered by ‌the U.S. and Israeli war on Iran, with an announ
Leslie Palti-Guzman, Founder at Energy Vista, examines geopolitical risks to oil and gas production as Saudi Arabia announces production cuts. Oil smashed through $100 a barrel as Saudi Arabia join
Just after President Trump declared the Iranian War "pretty much" over, Nigam Arora explains the next steps for markets and how his firm prepared for a move like the one markets experienced Monday. "B

Oil Could Spike Again, Babin Says

03:46pm, Monday, 09'th Mar 2026
CIBC Private Wealth Managing Director Rebecca Babin says oil prices could spike again if there's no timeline about when the war with Iran could end. She says "panic could resume.
A stunning surge in oil prices above $100 a barrel is rattling U.S. stock investors, as they brace for an even sharper rise in energy prices that could stagger the economy and further damage equities.
U.S. oil prices closed below $100 per barrel Monday, as energy ministers from the Group of Seven nations are expected to discuss a potential release of crude stockpiles to address the massive supply d
Oil prices on Monday climbed to the highest level since 2022, but shares of major producers like Shell ​and Exxon Mobil have so far seen limited gains since the U.S.-Israeli war on Iran broke out la
GasBuddy logged the national average price for a gallon of gas at $3.48 on Monday, a dramatic increase poised to rise within the next month.
John Blank says the “real salient event” around oil will be in six months when producers of oil-based products have a supply shock. In fact, he thinks prices could even hit $150-$200/barrel over t

What's Behind the Sudden Oil Price Spike?

02:55pm, Monday, 09'th Mar 2026
Oil just smashed through $100 a barrel as the Middle East conflict enters its second week. Ruth Carson breaks down what's driving the surge as supply fears rattle markets.
G7 countries may release oil from strategic reserves to cool prices.
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