Since the invasion of Iran on February 27, 2026, oil (WTIC) went into a parabolic move hitting $119 on March 9, 2026. The price has dropped back to $100, but this will still have an impact on stock markets. Retail products such as gasoline and heating oil are also in a position to affect the public. Stock markets are still expected to pull back, and this will be a contributing factor.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.
