Markets can't ignore the war anymore

Markets can't ignore the war anymore

Oil prices are heading back toward $100 a barrel, and, perhaps more crucially, the price of diesel fuel futures is now sitting at an all-time high. Why it matters: Investors are starting to recognize that higher oil prices from the Iran war aren't something they can continue to ignore.The big picture: Higher energy prices are showing up across the economy, driving up costs for companies, regular people and even governments around the world that …

Markets Can’t Ignore the War Anymore

“Oil prices are heading back toward $100 a barrel, and, perhaps more crucially, the price of diesel fuel futures is now sitting at an all-time high,” Axios reports. “Investors are starting to recognize that higher oil prices from the Iran war aren’t something they can continue to ignore.”