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Bloomberg MarketsOil Jumps as Iran and Israel Trade Strikes on Energy FacilitiesBloomberg MarketsWells Fargo Is Said to Hire UBS’s Keller to Lead M&A StructuringBloomberg MarketsJapan Stock Traders’ Guide to Navigating Takaichi-Trump SummitFinancial TimesOil prices briefly top $110 after attacks on Gulf energy facilitiesFinancial TimesIran inflicts ‘extensive damage’ on site of world’s largest LNG facility in QatarBloomberg MarketsGold Steadies After Six-Day Decline as Fed Warns on InflationBloomberg MarketsAsian Stocks to Fall as Iran War Saps Sentiment: Markets WrapBloomberg MarketsOil Jumps After Iran, Israel Target Middle East Energy AssetsBloomberg MarketsBair: Fed Keeping 'Dry Powder' as Inflation PersistsBloomberg MarketsBrainard: Fed May See Oil Price Shock as TransitoryBloomberg MarketsSilver Lake-Backed Relativity Said to Tap Banks for US IPOBloomberg MarketsIran War Not an Inflation 'Speed Bump,' JPMorgan's Michele WarnsBloomberg MarketsBloomberg Surveillance: The Fed Decides 3/18/2026Bloomberg MarketsFive Below Tops Full-Year Outlook Aided by Store OpeningsFinancial TimesFed chief Jay Powell says Iran oil crisis will worsen US inflationBloomberg MarketsOil Jumps as Iran and Israel Trade Strikes on Energy FacilitiesBloomberg MarketsWells Fargo Is Said to Hire UBS’s Keller to Lead M&A StructuringBloomberg MarketsJapan Stock Traders’ Guide to Navigating Takaichi-Trump SummitFinancial TimesOil prices briefly top $110 after attacks on Gulf energy facilitiesFinancial TimesIran inflicts ‘extensive damage’ on site of world’s largest LNG facility in QatarBloomberg MarketsGold Steadies After Six-Day Decline as Fed Warns on InflationBloomberg MarketsAsian Stocks to Fall as Iran War Saps Sentiment: Markets WrapBloomberg MarketsOil Jumps After Iran, Israel Target Middle East Energy AssetsBloomberg MarketsBair: Fed Keeping 'Dry Powder' as Inflation PersistsBloomberg MarketsBrainard: Fed May See Oil Price Shock as TransitoryBloomberg MarketsSilver Lake-Backed Relativity Said to Tap Banks for US IPOBloomberg MarketsIran War Not an Inflation 'Speed Bump,' JPMorgan's Michele WarnsBloomberg MarketsBloomberg Surveillance: The Fed Decides 3/18/2026Bloomberg MarketsFive Below Tops Full-Year Outlook Aided by Store OpeningsFinancial TimesFed chief Jay Powell says Iran oil crisis will worsen US inflation
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MarketWatch Top Storiesmarkets

Powell warns of ‘new inflation’ from the Iran conflict as gas prices jump 30%

MarketWatch Top Stories
Wednesday, March 18, 2026 at 9:41 PM
~4 min read
InflationEnergy

Original Report

The energy crisis is going to hit you in your 401(k) as well as in your gas tank if Jerome Powell is right.

Glass House Analysis

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.

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