Headlines
Bloomberg MarketsGhana to Raise Seven-Year Debt in First Cedi Bond Since DefaultBloomberg MarketsKey Russian Oil Port Resumes Loading Amid Attempt to Divert FlowBloomberg MarketsCrypto Enters the Mortgage Market Via Fannie Mae-Eligible LoansBloomberg MarketsData-Center Shift From Middle East Would Test US GridBloomberg MarketsIran War: Canada To Push For De-escalation at G7 in France | The Pulse 3/26Bloomberg MarketsTrump Urges Iran to ‘Get Serious,’ Threatens EscalationBloomberg MarketsUS Continuing Claims Fall to a Nearly Two-Year LowFinancial TimesWhat has happened to Iran’s top-tier missiles?Bloomberg MarketsBofA Shifts Focus to Air Defense Firms Over Tank and Ammo MakersBloomberg MarketsCanadian Oil Firm New West Weighs US IPO to Fund Advanced Computing PivotBloomberg MarketsFed Should Do Nothing for This Moment, Goldman’s Robert Kaplan SaysBloomberg MarketsHolders of Russian Debt Gain Easier Path to Payment at EuroclearBloomberg MarketsIran War to Push Global Inflation to 4% This Year in OECD ForecastBloomberg MarketsHow Japan Can Use the Oil Market to Support the YenBloomberg MarketsHow Atlanta Plans to Rebuild Its DowntownBloomberg MarketsGhana to Raise Seven-Year Debt in First Cedi Bond Since DefaultBloomberg MarketsKey Russian Oil Port Resumes Loading Amid Attempt to Divert FlowBloomberg MarketsCrypto Enters the Mortgage Market Via Fannie Mae-Eligible LoansBloomberg MarketsData-Center Shift From Middle East Would Test US GridBloomberg MarketsIran War: Canada To Push For De-escalation at G7 in France | The Pulse 3/26Bloomberg MarketsTrump Urges Iran to ‘Get Serious,’ Threatens EscalationBloomberg MarketsUS Continuing Claims Fall to a Nearly Two-Year LowFinancial TimesWhat has happened to Iran’s top-tier missiles?Bloomberg MarketsBofA Shifts Focus to Air Defense Firms Over Tank and Ammo MakersBloomberg MarketsCanadian Oil Firm New West Weighs US IPO to Fund Advanced Computing PivotBloomberg MarketsFed Should Do Nothing for This Moment, Goldman’s Robert Kaplan SaysBloomberg MarketsHolders of Russian Debt Gain Easier Path to Payment at EuroclearBloomberg MarketsIran War to Push Global Inflation to 4% This Year in OECD ForecastBloomberg MarketsHow Japan Can Use the Oil Market to Support the YenBloomberg MarketsHow Atlanta Plans to Rebuild Its Downtown
Home/Bloomberg Markets
Back
MARKETS:
SPY+0.26%
DIA+0.23%
QQQ-0.14%
IWM+0.29%
GLD-0.40%
USO+1.64%
Bloomberg Marketsglobal

Total Goes on Mideast Oil-Buying Spree, Adding to Market Turmoil

Bloomberg Markets
Thursday, March 26, 2026 at 11:57 AM
~4 min read
InflationEnergy

Original Report

The trading arm of French oil major TotalEnergies SE embarked on one of the biggest-ever buying sprees of Middle Eastern oil this month, helping to send prices soaring in a market already facing a...

The trading arm of French oil major TotalEnergies SE embarked on one of the biggest-ever buying sprees of Middle Eastern oil this month, helping to send prices soaring in a market already facing a liquidity squeeze because of the war.

Glass House Analysis

Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.

Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

Enjoyed this analysis?

Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.

No spam. Unsubscribe anytime.

More Stories

Economic Context

S&P 500
+0.26%
Dow Jones
+0.23%
NASDAQ 100
-0.14%
Russell 2000
+0.29%