A recent US strike near Iran’s key export hub at Kharg Island has raised concerns about disruptions to Middle East crude supplies. This increased uncertainty has led to a surge in energy prices, affecting not just oil but also other assets like Treasury yields and the dollar. As investors await the reopening of trading on Sunday night, oil will be in focus once again.
Source: https://www.bloomberg.com/news/articles/2026-03-15/oil-supplies-in-focus-ahead-of-stock-bond-open-markets-wrap