Oil Tops $100, Stocks Drop as Iran War Escalates: Markets Wrap

Financial Post - March 8, 2026

Oil Tops $100, Stocks Drop as Iran War Escalates: Markets Wrap

Crude oil climbed above $100 a barrel for the first time since 2022 and stocks retreated as escalating hostilities in the Middle East and mounting strain on oil shipping and infrastructure have investors bracing for fresh turbulence. The dollar advanced.

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