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Reserves or no reserves, the outlook remains bleak as long as a major oil and gas trade route remains virtually closed.
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The American economy is already feeling the effects of the conflict, and it could get worse.
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Gas Prices Are Up, And So Are Searches For EVs: Edmunds InsideEVsCar Shoppers Are Starting to Pay More Attention to Electrified Vehicles as Gas Prices Rise, Edmunds Data Shows EdmundsWhat soaring gas prices mean for California's EV market Los Angeles TimesAs war spikes gas prices, drivers wonder how long it will last - and if they should go electric WAVY.com
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Futures Tumble; Oil Soars On Tanker Attacks Investor's Business DailyDow futures tumble more than 400 points as oil prices continue their ascent amid Iran war: Live updates CNBCStock market today: Dow, S&P 500 slip for second day, oil jumps as Iran war rages on Yahoo FinanceDow futures down more than 500 points as Brent crude again tops $100 a barrel MarketWatch
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CF Industrials shares have been the S&P 500's biggest gainers since the Iran conflict began, as fertilizer prices have climbed more than oil futures prices.
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February inflation was unchanged but predates surge in energy prices The Washington PostHere's the inflation breakdown for February 2026 — in one chart CNBCTame CPI Still Spells Trouble for Fed's Favored Inflation Gauge Bloomberg.comStock Market Today: IEA to Launch Record Oil Reserves Release; Dow Slips as Inflation Holds Steady — Live Updates WSJ
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Where the S&P 500 goes next is clearly hinging on oil prices and the Strait of Hormuz. Here's a fresh line in the sand.
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