March 6, 2026
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3:36Now PlayingBrent crude futures hit $90 a barrel for the first time in almost two years as the war in the Middle East unleashed a wave of disruption across energy markets, with shipping through the Strait of Hormuz at a near-total halt.
The global benchmark added as much as 7.6%, while West Texas Intermediate topped $85 for the first time since April 2024. Futures are up more than a fifth this week. Bloomberg's Mike McGlone joins to discuss.
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