Anonymous25 days ago
On March 9, 2026, oil prices swung from nearly $120 to below $86 per barrel while stocks staged their biggest intraday reversal since 2022, after President Trump suggested the Iran war was nearing its end. The episode crystallizes the extraordinary volatility gripping global markets as a hot war in the Middle East, a trade conflict with China, and the near-closure of the Strait of Hormuz collide to threaten both inflation and economic growth.