What Smart People Are Saying About Latest Iran-War Oil Spike, Stock Drop
- Business, donald-trump, Energy, Finance, geopolitical-risk, iran, Markets, mi-exclusive, oil-price, oil-prices, stock-market, us-iran-conflict
- April 2, 2026

Oil prices surged after President Trump spoke about the war in Iran on Wednesday night, fueling a sharp reversal in the relief rally seen earlier in the week. Loading audio narration… WTI crude gained as much as 14%, while Brent climbed 8% at intraday highs. Both are trading around $110 per barrel. In stocks, all
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United Airlines CEO Scott Kirby is preparing for the worst: a future where oil prices reach as high as $175 per barrel and stay above $100 until the end of 2027. With the U.S.-Israel war on Iran now in its fourth week, the airline industry is staring down its biggest disruption since the pandemic as
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Shipping through the Strait of Hormuz has slowed to a crawl with most commercial traffic paralyzed, while a handful of Iranian-linked vessels continue to navigate the waterway despite escalating security risks. An Iranian supertanker was spotted in the waters north of Hormuz on Sunday, with its destination listed as China, according to vessel-tracking data compiled
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Fuel prices surged after the Trump administration launched strikes against Iran on Saturday, immediately raising questions about whether the war would increase energy costs for Americans, put more pressure on power grids, and push companies to pump out more oil and gas in the US. If conflict drags on, that could potentially play into Donald
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The U.S. leads the world in both crude oil and natural gas production, but the top exporters are already shipping near their capacities, allowing them to reap larger profits but not fill the supply gaps caused by the temporary loss of 20% of global oil and liquefied natural gas (LNG) volumes triggered by the effective
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Stocks fell, energy prices rose, and bond yields jumped for a second day on Tuesday as the escalating conflict between Iran and the US and its allies continued to roil global markets. Markets pared the most dramatic losses after President Donald Trump said the US would escort oil tankers through the Strait of Hormuz, a
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