Oil Surges Above $100 as Iran War Shakes Global Markets | Firstpost Live

Описание: Global oil prices have surged past $100 a barrel as the escalating war in West Asia disrupts energy markets and raises fears of supply shortages. U.S. crude futures jumped more than 20 per cent, while Brent crude climbed above $108 a barrel, marking one of the sharpest spikes since 2020. Markets are reacting to concerns that the conflict could disrupt oil shipments through the Strait of Hormuz, a critical maritime route for global energy supplies. The surge in oil prices has also rattled financial markets, with U.S. stock futures falling and the dollar strengthening as investors brace for rising inflation and higher living costs worldwide.

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Oil Price Surge March 2026 | Brent Crude $116 | Strait Of Hormuz Closure | Iran War Economic Impact | Global Recession Fears | Stagflation 2026 | US Gas Prices Spike | Stock Market Crash Today | Trump Truth Social Oil | Energy Supply Crisis | West Asia War Update | Firstpost | World News | Latest News | Global News | International News | Trending News

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