Navigating the market as crude oil tops $90 per barrel

    The Investment Committee debate what $90 Oil means to the market and how you should navigate it.

    25 Comments

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    4. On March 6, 2026, The Boston Globe reported that the ongoing US war in the Persian Gulf is threatening the global economy, with Iran disrupting energy production and shipping in a region supplying nearly a third of the world’s oil. The Strait of Hormuz is effectively closed, and attempted attacks on key sites like Saudi Arabia’s Ras Tanura refinery have fueled worries. Oil prices have already surged 15% to $84 a barrel, and experts warn that a prolonged conflict could push Brent crude past $100, drive US inflation above 4%, and trigger a recession. Even as a net energy exporter, the US remains exposed to global price spikes, with inflation, tariffs, and budget deficits adding to the risks. Analysts emphasize that a swift resolution would be in the nation’s best interest.

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