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
READ MORE
Regular gas prices are at their highest since 2023 amid the U.S. and Israeli conflict against Iran, according to AAA, The Associated Press reported. On Wednesday, according to AAA, the average price of a gallon of regular gasoline nationally hit over $3.84, with gas prices not being this high since September 2023, the AP reported….
READ MORE
The Bureau of Labor Statistics published new consumer price index data last Wednesday, showing the inflation rate held steady at 2.4% in February as expected. Core inflation, which excludes volatile food and energy prices, also held steady at 2.5%. However, that report was based on data mainly gathered before the start of the Iran war,
READ MORE
Americans in many Middle Eastern countries are now being advised to depart immediately for safety reasons after the US and Israel launched strikes against Iran on Saturday. “Depart now via commercial means due to serious safety risks,” is the messaging for Americans as of 4 p.m. EST on March 2 from Secretary of State Marco
READ MORE
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
READ MORE