Global energy markets were thrown into unprecedented chaos on Friday as West Texas Intermediate (WTI) crude oil futures surged by over 12%, crossing the $91 per barrel threshold for the first time since September 2023. The dramatic spike is the direct result of a catastrophic escalation in the Middle East, where a hypothetical U.S.-Iran war […]
read moreU.S. Oil Erupts Past $90, Gas Prices Surge, as Strait of Hormuz Closes Amidst War
March 6, 2026
By: Jeffry Novel
