Macro Finance
Oil Markets Feel the Pain of a Protracted War
Bloomberg Markets·September 11, 2026·1 min read
Crude oil jumped back above $100 a barrel this week, and US diesel surged past $6 a gallon for the first time, intensifying inflationary pressures. The price spike reflects ongoing geopolitical tensions and supply disruptions, raising concerns for consumers and businesses reliant on fuel. Markets are closely watching for further volatility as the situation evolves.
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