MiddleEastConflict
Energy Shockwaves: Middle East Escalation Sends Oil Past $115 as Wall Street Braces for Inflationary Storm
Global financial markets are reeling as a direct military confrontation between a U.S.-Israeli coalition and Iran has effectively shuttered the world’s most critical energy transit point, the Strait of Hormuz. As of March 9, 2026, the geopolitical landscape has shifted from regional tension to open warfare, sending