Oil prices whipsawed this week as Iran war rattled global markets 

Source: Washington Examiner · Bias: Center Right

Summary

Oil prices swung sharply throughout the past week as traders reacted to the escalating conflict with Iran, briefly surging to around $120 per barrel before retreating and then climbing again as concerns about shipping through the Strait of Hormuz continued to toss global energy markets.  The volatility reflects fears that fighting in the Middle East […]

Related Coverage

More Headlines From March 15, 2026

Oil prices whipsawed this week as Iran war rattled global markets 
Washington Examiner

Oil prices whipsawed this week as Iran war rattled global markets 

Center Right

Oil prices swung sharply throughout the past week as traders reacted to the escalating conflict with Iran, briefly surging to around $120 per barrel before retreating and then climbing again as concerns about shipping through the Strait of Hormuz continued to toss global energy markets.  The volatility reflects fears that fighting in the Middle East […]