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Oil Surges 35% in Historic Weekly Jump as Iran War Disrupts Energy Markets

Oil Surges 35% in Historic Weekly Jump as Iran War Disrupts Energy Markets

by Richard Garrett | Mar 10, 2026 | Economy

Oil prices posted their biggest weekly surge on record as tensions between the United States and Iran triggered fears of major supply disruptions in global energy markets. U.S. crude futures jumped more than 35% for the week, marking the largest weekly gain since...
U.S. Payrolls Fall by 92,000 in February as Unemployment Rate Rises

U.S. Payrolls Fall by 92,000 in February as Unemployment Rate Rises

by Richard Garrett | Mar 7, 2026 | Economy

The U.S. labor market showed unexpected weakness in February as employers cut jobs and the unemployment rate moved higher, according to new government data. The report from the Bureau of Labor Statistics showed that nonfarm payrolls declined by 92,000 during the...
Private Companies Added 63,000 Jobs in February, ADP Says

Private Companies Added 63,000 Jobs in February, ADP Says

by Richard Garrett | Mar 7, 2026 | Economy

Private employers added 63,000 jobs in February, showing modest improvement in hiring compared with the previous month, according to the latest employment report from ADP. The gain exceeded economists’ expectations of about 48,000 new jobs. January’s job growth was...
Oil and Natural Gas Prices Rise as Iran Conflict Escalates

Oil and Natural Gas Prices Rise as Iran Conflict Escalates

by Richard Garrett | Mar 7, 2026 | Economy

Energy prices climbed sharply as the conflict involving the United States, Israel, and Iran intensified, raising concerns about disruptions to global fuel supplies. Oil and natural gas markets reacted quickly as investors assessed the risks to one of the world’s most...

Gold Touches $5,400 as Safe-Haven Demand Surges During Iran Conflict

by Richard Garrett | Mar 7, 2026 | Economy

Gold prices climbed sharply as investors sought safe-haven assets during escalating tensions in the Middle East. Gold futures briefly traded near $5,400 per ounce on Monday before pulling back slightly later in the session. The surge came as geopolitical risks...
Oil and Gas Prices Jump as Middle East Conflict Escalates

Oil and Gas Prices Jump as Middle East Conflict Escalates

by Richard Garrett | Mar 7, 2026 | Economy

Global oil and natural gas prices climbed sharply as tensions in the Middle East intensified following a series of attacks linked to Iran across the region. Energy markets reacted strongly after QatarEnergy temporarily halted liquefied natural gas production following...
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