the full WP text
Oil Surges Past $100: Iran War Disrupts Global Energy
Oil has just crossed $100 a barrel as Iran's actions shut down the Strait of Hormuz amid ongoing war. Stocks are tumbling, and experts debate if this spike is temporary or the start of something bigger. What does it mean for your wallet?
Financial market analysis from 09/03/2026. Market conditions may have changed since publication.
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I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
— Warren Buffett
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Steven Soarez passionately shares his financial expertise to help everyone better understand and master investing. Contact us for collaboration opportunities or sponsored article inquiries.
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