Oil surges 20% as Iran war fuels supply fears

March 9, 2026

Oil prices surged nearly 20% to their highest since July 2022 amid escalating U.S.-Israeli conflict with Iran, sparking fears of supply shortages and shipping disruptions. Middle Eastern producers are reportedly cutting output due to full storage, potentially sustaining elevated prices and delaying future production recovery.

More To Explore

RBI likely to hike repo rate by 25 bps to 5.50% in October policy: ET Poll

On Monday, the Reserve Bank of India’s Monetary Policy Committee will hold important meetings. Analysts are anticipating a 25 basis points increase in the key

October 5, 2026

DIAL raises 3,500 crore to refinance $522.6 m dollar bonds

Delhi International Airport Ltd has successfully raised ₹3,500 crore through 15-year rupee-denominated non-convertible debentures. This financing aims to refinance its upcoming $522.6 million dollar notes

October 5, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003