Crude Oil WTI Spikes By 28% Overnight To $116, Gasoline Futures +17%; Asian Stocks Plunge, U.S. Stock Futures Deep Red
Source: SeekingAlpha
2026-03-09 04:24:00 ET
For the US, the Strait of Hormuz blockage is a price shock and inflation problem, not a supply shock. For Europe & Asia, it could turn into a supply shock if the blockage persists. ...
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Crude Oil WTI Spikes By 28% Overnight To $116, Gasoline Futures +17%; Asian Stocks Plunge, U.S. Stock Futures Deep Red
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