Global Oil Shock Pushes Oklahoma Gas Prices Higher as War in Iran Rattles Markets

Stock Market Today, March 13: Markets Fall as Oil Prices Soar and Iran War Continues

The S&P 500 (SNPINDEX:^GSPC) fell 0.61% to 6,632.19, the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 0.93% to 22,105.36, and the Dow Jones Industrial Average (DJINDICES:^DJI) slipped 0.26% to 46,558.47 as surging oil prices pressured equities.Market moversEnergy and other defensive pockets outperformed while cyclicals lagged today. Ollie’s Bargain Outlet (NASDAQ:OLLI) gained following yesterday’s Q4 earnings. Micron Technology (NASDAQ:MU) incre…

Global oil shock pushes Oklahoma gas prices higher as war in Iran rattles markets

Iran War Drives Surge in Market Volatility, Oil Prices and Borrowing ...

Stocks slip, dollar strong as Iran conflict pushes oil prices higher

Iran conflict pushes oil prices higher as stocks slip, dollar strengthens

OMAN, MAR 14 /DNA/: Stocks fell and the US dollar strengthened on Friday as uncertainty over the Iran war continued to disrupt energy supplies, heightening concerns over fuel prices and interest rates. The price of oil crossed $100 per barrel even as an Indian tanker sailed out of the Strait of ‌Hormuz and the US put forth measures to try to ease supply concerns. All three major US stock indexes logged daily and weekly declines. The Dow Jones In…

Iran Oil Shock Could Hurt Bitcoin Miners via BTC Price

Bitcoin miners face bigger risk from price volatility than rising oil costs. Most global hashrate runs on power markets with little correlation to oil prices. Oil shock may hurt miners mainly by pressuring Bitcoin price and hashprice levels. Geopolitical tensions surrounding Iran and the global oil market could affect Bitcoin mining. However, analysts argue that the biggest impact may come through Bitcoin’s price rather than electricity costs.  …