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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

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
DB Crude Oil Long Exchange Traded Notes due June 1 2038

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