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TexasTowelie

(126,737 posts)
Tue Mar 3, 2026, 10:30 AM 1 hr ago

Markets Start to Crash - Joe Blogs



Oil prices have surged above $80 per barrel — the highest level since January 2025 — and analysts are now asking whether $100 oil could be next.

In this video, I provide an update on the impact of the Iran conflict on the global economy and explain why energy markets are reacting so strongly.

We are now seeing:

• Brent crude trading above $80
• Natural gas prices jumping by around 30%
• Increased risk around the Strait of Hormuz
• Large-scale missile and UAV activity across the Gulf
• Stock markets starting to reprice geopolitical risk

After Russia invaded Ukraine, many countries shifted heavily towards LNG imports. With Middle East shipping routes now under threat, natural gas prices have surged — and that feeds directly into electricity costs, business expenses and consumer inflation.

Higher oil and gas prices don’t just affect fuel at the pump. They impact:

• Electricity bills
• Manufacturing costs
• Food prices
• Transport and logistics
• Inflation expectations
• Central bank policy
• Global growth in 2026

If energy prices remain elevated, we could see higher inflation and weaker economic growth next year.

So is $100 oil coming?
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Markets Start to Crash - Joe Blogs (Original Post) TexasTowelie 1 hr ago OP
This is a very short concise summary of the economic effects of Donny's WAR! flashman13 1 hr ago #1

flashman13

(2,277 posts)
1. This is a very short concise summary of the economic effects of Donny's WAR!
Tue Mar 3, 2026, 11:04 AM
1 hr ago

There is no mystery here. It was all very predictable before the first shot was fired.

So let me summarize. Trump has blown up more than Iran. He has blown up the economy. On the plus side, he has also blown up the chances of any Republican being elected to anything.

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