Energy Markets
Energy Markets in Turmoil: Brent Hits $119 as Israel-Iran Escalation Shatters Gulf Stability
Global energy markets were thrust into a state of high-intensity volatility on March 19, 2026, as Brent crude surged briefly to $119 per barrel and West Texas Intermediate (WTI) climbed past the $96 mark. This dramatic price action follows a series of military escalations in the Middle East that have