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Oil Prices 4 March 2026 - 7 March 2026

FTSE 100 reels from worst week in a year as oil shock hits London stocks

FTSE 100 reels from worst week in a year as oil shock hits London stocks

London shares took their hardest weekly knock in nearly a year, rattled by climbing oil prices and more signs of strain in the U.S. economy that shook confidence at the London Stock Exchange. On Friday, the FTSE 100 shed 1.2%, while the mid-cap FTSE 250 dipped 0.8%. Both indexes just chalked up their roughest week since the sharp drop last April, when U.S. “Liberation Day” tariffs set off a global selloff, according to Reuters.
7 March 2026
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U.S. Stock Market Today: Wall Street Beats Global Peers as Iran War Sends Oil Prices Higher

U.S. Stock Market Today: Wall Street Beats Global Peers as Iran War Sends Oil Prices Higher

U.S. stock index futures slipped ahead of Friday’s open, with the war involving Iran continuing to lift oil prices and stoke inflation fears. Shares of American Airlines dropped around 1% in premarket action, while Marvell Technology surged 12% on the back of a bullish long-term sales outlook. Occidental Petroleum advanced 2%. Despite all this, Wall Street still outperformed both Europe and Asia for the week. The Nasdaq managed to stay positive on the week, bolstered by a turnaround in tech stocks and optimism that the U.S.—thanks to its net oil exporter status—might weather the shock better than others.
6 March 2026
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Stock market today: Dow, S&P 500 futures steady as Iran war keeps oil in focus; bitcoin jumps back to $74,000

Stock market today: Dow, S&P 500 futures steady as Iran war keeps oil in focus; bitcoin jumps back to $74,000

U.S. stock index futures barely budged early Thursday, with the U.S.-Israeli air campaign against Iran dragging into its sixth day and keeping traders focused on oil and inflation risks. By 05:36 a.m. ET, Dow futures slipped 0.16%, S&P 500 futures edged down 0.01%, and Nasdaq 100 futures were essentially flat. Investors eyed upcoming weekly jobless claims data and awaited new comments from Fed Vice Chair Michelle Bowman.
5 March 2026
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Oil prices spike past $84 as Iran war shuts Hormuz, rattles global stocks

Oil prices spike past $84 as Iran war shuts Hormuz, rattles global stocks

Oil climbed over 3% Wednesday, with Brent crude hitting $84.07 per barrel and U.S. West Texas Intermediate settling at $76.80. The U.S.-Israeli war on Iran hit Middle East supply lines hard, forcing tanker traffic to a halt at the Strait of Hormuz. “The primary near-term driver for oil prices remains the US-Iran conflict,” OANDA’s Kelvin Wong said. U.S. President Donald Trump suggested Navy escorts for commercial vessels, but that didn’t calm the market.
4 March 2026
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BP share price set for volatile London open as oil jumps on Hormuz shutdown

BP share price set for volatile London open as oil jumps on Hormuz shutdown

BP heads into Wednesday’s London session under the spotlight, with Brent crude up 3.3% at $84.07 a barrel. Traders are watching fallout from the U.S.-Israeli standoff with Iran, which has rattled the oil market. “The primary near-term driver for oil prices remains the US-Iran conflict,” noted OANDA senior market analyst Kelvin Wong. Investors are also waiting for the latest U.S. crude stockpile numbers, set for release later on Wednesday.
4 March 2026
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