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Financial TimesDubai financial district rattled by Iranian dronesBloomberg MarketsThai Oil Refiner Makes Rare Purchase of North Sea Forties CrudeBloomberg MarketsCredit Trading Feels 'Orderly': Oaktree's PoliFinancial TimesFrance and Italy open talks with Iran in hope of securing safe Hormuz passageBloomberg MarketsMarket Stress Nears Liberation Day Level as Iran War Hits AssetsBloomberg MarketsSouth Korea to Use Excess Tax Revenue for Oil Shock Extra Budget, Says Finance MinisterBloomberg MarketsOil Turmoil Rattles $134 Billion Complex of Quant TradesBloomberg MarketsRussia Is Helping Iran Hit Back Against US Forces in RegionBloomberg MarketsFrustrated With Your Bond Hedge? How About a Buffer ETF?Bloomberg MarketsBloomberg Surveillance 3/13/2026Bloomberg MarketsLatin American Leftist Trio Issues Call for Iran War CeasefireBloomberg MarketsSpaceX Investor Baillie Gifford Hails Pre-IPO Takeover of xAIBloomberg MarketsOil Trade Complexity—Explained With ETFsFinancial TimesIran war will further damage fragile inflation psychologyBloomberg MarketsUS Intensifies Strikes, Rhetoric in Iran War as Oil RisesFinancial TimesDubai financial district rattled by Iranian dronesBloomberg MarketsThai Oil Refiner Makes Rare Purchase of North Sea Forties CrudeBloomberg MarketsCredit Trading Feels 'Orderly': Oaktree's PoliFinancial TimesFrance and Italy open talks with Iran in hope of securing safe Hormuz passageBloomberg MarketsMarket Stress Nears Liberation Day Level as Iran War Hits AssetsBloomberg MarketsSouth Korea to Use Excess Tax Revenue for Oil Shock Extra Budget, Says Finance MinisterBloomberg MarketsOil Turmoil Rattles $134 Billion Complex of Quant TradesBloomberg MarketsRussia Is Helping Iran Hit Back Against US Forces in RegionBloomberg MarketsFrustrated With Your Bond Hedge? How About a Buffer ETF?Bloomberg MarketsBloomberg Surveillance 3/13/2026Bloomberg MarketsLatin American Leftist Trio Issues Call for Iran War CeasefireBloomberg MarketsSpaceX Investor Baillie Gifford Hails Pre-IPO Takeover of xAIBloomberg MarketsOil Trade Complexity—Explained With ETFsFinancial TimesIran war will further damage fragile inflation psychologyBloomberg MarketsUS Intensifies Strikes, Rhetoric in Iran War as Oil Rises
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MarketWatch Top Storiesmarkets

Global oil prices climb back above $100 as U.S. waiver on some Russian oil sanctions fails to quell supply concerns

MarketWatch Top Stories
Friday, March 13, 2026 at 4:15 PM
~4 min read
InflationEnergy

Original Report

A temporary U.S. removal of sanctions on Russian tankers at sea failed to calm concerns over prolonged disruptions to the flow of crude through the Strait of Hormuz.

Glass House Analysis

This story reflects the interconnected nature of modern economic systems, where developments in one sector inevitably affect others. Understanding these connections is essential for grasping how policy decisions and market movements translate into real-world outcomes for families, workers, and communities. The economy is not an abstract system of numbers—it's the sum total of decisions about who works, who prospers, and who struggles.

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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