Industry Newsbrent crudetreasury yieldsmarket volatility
Iran Tensions Push Brent Above $100
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7.1
Rising tensions around the Strait of Hormuz and renewed fighting with Iran on March 27, 2026 pushed Brent crude above $100, settling at $101.89 per barrel while US crude rose to $94.48. Higher oil and a jump in the 10-year Treasury yield to 4.43% dented hopes for Federal Reserve rate cuts, sending the Dow down 469 points and global markets lower.
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