OTCMKTS:IMPP 5 February 2026

March 18, 2026, 12:12 PM EDT. The S&P 500, Dow Jones, and Nasdaq 100 all fell as U.S. February Producer Price Index (PPI) data showed a sharper-than-expected rise, highlighting persistent inflationary pressures. Concurrently, crude oil prices surged over 2% following escalated conflict in Iran, including airstrikes on key gas fields and oil facilities. Market jitters are fueled by Iran's increased missile and drone attacks targeting Gulf nations amid ongoing hostilities after the killing of Iranian security chief Ali Larijani. The conflict significantly disrupts global oil supply, with the International Energy Agency noting a cut of 8 million barrels per day this month and potential further price spikes if the Strait of Hormuz remains closed. Meanwhile, U.S. mortgage applications fell amid rising average 30-year fixed rates, adding pressure to financial markets.