March 22, 2026
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1:12Now PlayingMetals, minerals and energy — the Iran war has reminded markets just how vitally important the material world is. Bloomberg Wealth's Merryn Somerset Webb says that's a shift of mindset that investors will need to make. #iran #politics #worldnews #investing
Crude rallied after Iran said some of its energy facilities had come under attack and threatened retaliation on oil and gas facilities in neighboring countries.
The attack on Iranian energy assets is the latest escalation in a conflict that’s disrupting swaths of global oil supply, with Brent crude surging and traffic all-but halted through the Strait of Hormuz.
The conflict has sent energy prices soaring, triggered fuel shortages in Asia and spawned concerns about faster global inflation, with analysts expecting Brent to remain in a higher range due to the ongoing hostilities.
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