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Oil Whipsaws From $119 High. Here are 3 Takeaways for Markets Over the Past Week.

Source: Motley Fool

2026-03-11 18:35:00 ET

The geopolitical conflict in the Middle East is driving up oil and natural gas prices. That's a fairly predictable outcome. That said, developments in the conflict are changing rapidly, leading to rather wide swings in the energy market. As you watch oil prices rise and fall, here are three things you need to keep in mind.

Motley Fool research shows that inflation has averaged around 3.8% per year. However, rising oil and natural gas prices could lead to a spike in inflation. You will see higher prices at the gas pump almost immediately, but oil and gas are used in the transportation of goods, as key inputs in the manufacturing process, and to produce electricity, among other things. Higher energy costs impact far more than you may realize.

Image source: Getty Images.

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