Oil prices surge 18.5% after Iran conflict — will the Strait of Hormuz crisis push inflation higher and delay Fed rate cuts? Prep for COVID-era rising gas prices now

The Times of India - March 5, 2026

Oil prices surge 18.5% after Iran conflict — will the Strait of Hormuz crisis push inflation higher and delay Fed rate cuts? Prep for COVID-era rising gas prices now

Oil prices jumped 18.5% this week. Brent crude hit $84. WTI crossed $78. The surge follows the Iran conflict and rising Strait of Hormuz tensions, a route carrying about 20% of global oil supply. Markets fear tanker disruption. That risk alone lifts prices fa…

Read Full Article
International Analysis

Other Relevant News

First Step

Welcome

By signing up, you declare that you agree to our terms of use and privacy policies.
Opportunities Today

Enjoy

Your Passport to Global Investments

Ivar recommends Swissquote bank for your international investments. By opening your account through the link below and trading 5 lots or more, you will receive $200 to use on Ivar AI and activate your subscription. Take advantage of this exclusive offer available today!

Swissquote

Offer available for you who have not yet opened your account at Swissquote.
Services available globally except for the following countries: Algeria, Belgium, Canada, China, North Korea, USA, France, Hong Kong, Iran, Iraq, Nigeria, Singapore, Syria, Turkey and Zimbabwe.