Oil hovers around $100, stocks mixed as Iran war rages - News Summed Up

Oil hovers around $100, stocks mixed as Iran war rages


Iran's Fars news agency reported soon after that no oil infrastructure was damaged in strikes. However, he did say he was ready to speak to countries "who want to talk to us about the safe passage of their vessels". "I cannot mention any country in particular, but we have been approached by a number of countries" seeking such safe passage, he added. And with worries growing about a possible energy crisis that could hammer the global economy, equity markets remained under pressure. And delayed figures showed the Federal Reserve's preferred inflation gauge dipped to 2.8 percent in January before energy prices shot higher.


Source: Bangladesh Sangbad Sangstha March 16, 2026 03:20 UTC



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