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At Close: Jun 04, 2026
The Strait of Hormuz closure has caused the biggest oil supply disruption in history, according to Rapidan Energy. About 20% of global supply has been disrupted for nine days, more than double the pre
Iran's oil exports would stall and output halve if the U.S. and Israel were to seize its port on Kharg Island, triggering further attacks from ​Tehran on regional oil infrastructure, JP Morgan said
Fighting in the Middle East continues and cuts into Wall Street. Tom White notes the crude oil spike up to $120 before falling back to just over $100 before Monday's opening bell.
Kevin Book, ClearView Energy Partners managing director, joins 'Squawk Box' to discuss the spike in oil prices, how far higher prices can go, impact of high oil prices on China and Russia, state of th
House Majority Whip Tom Emmer, R-Minn., predicted oil prices would "tumble" once the U.S. operation in Iran is complete.
Oil prices surged on Monday as Middle East countries cut production amid the ongoing conflict in the region, leading to reports that G7 countries, including the U.S., planned to discuss a coordinated
US stock futures pointed to more selling on Wall Street to start the week, after oil prices surged above $100 and changed the outlook on inflation and interest rates.  Dow Jones futures were down 1%,
Serbia has suspended crude oil and fuel ‌product exports to safeguard its market from shortages and price spikes, the energy minister said on Monday, as global crude prices jump above $119 a barrel
India is not ​planning to ​release oil reserves ⁠in coordination ​with the ​International Energy Agency and has ​no immediate ​plans to raise ‌retail ⁠prices for gasoline and diesel
Gulf Oil senior energy advisor Tom Kloza joins ‘Mornings with Maria' to break down the explosive surge in oil prices as the Strait of Hormuz crisis rattles global markets.
Gasoline prices could reach $5 a gallon, fresh inflation, labor data expected, Oracle prepares to report earnings, and more news to start your day.

Oil's triple-digit trouble

06:59am, Monday, 09'th Mar 2026
What matters in U.S. and global markets today
Stocks are bending, but not yet breaking, in the face of the historic oil price surge.
U.S. Treasury yields climbed higher on Monday as oil prices soared past $100 a barrel and increased inflation fears among investors.
The prospect of stagflation means stocks may fall into a bear market
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