West Asia conflict oil hike, market reactions LIVE: Crude oil surpasses $114 a barrel for the first time in four years

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Investors, already spooked by concerns implicit extended tech valuations and the immense spending connected AI, ran for the hills arsenic crude rocketed to its highest level since the Russian penetration of Ukraine successful 2022

Updated - March 09, 2026 09:47 americium IST

This video drawback taken from UGC images posted connected societal media connected March 7 and 8, 2026 shows occurrence erupting astatine an lipid depot successful Iran's superior Tehran.. Photo: AFP/source UGC

Oil prices eclipsed $114 per tube for the archetypal clip since 2022 connected Monday (March 9, 2026) arsenic the Iran warfare intensified, threatening accumulation and shipping successful West Asia.

The terms for a tube of Brent crude, the planetary standard, surged past $114 aft trading resumed connected the Chicago Mercantile Exchange. That was up 23% from its Friday (March 6) closing terms of $92.69.

Israel-Iran warfare LIVE updates

Asian banal markets plunged connected Monday (March 9, 2026) arsenic oil prices soared 30% connected fears astir supplies from West Asia arsenic the U.S.-Israeli warfare against Iran continued into a 2nd week with nary motion of letting up.

Investors, already spooked by concerns implicit extended tech valuations and the immense spending connected AI, ran for the hills arsenic crude rocketed to its highest level since the Russian penetration of Ukraine successful 2022.

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March 09, 2026 09:44
Crude lipid prices surpass $114 a tube arsenic Iran warfare impedes production, shipping
Oil prices eclipsed $114 per tube for the archetypal clip since 2022 connected Monday (March 9, 2026) arsenic the Iran warfare intensified, threatening accumulation and shipping successful West Asia.
The terms for a tube of Brent crude, the planetary standard, surged past $114 aft trading resumed connected the Chicago Mercantile Exchange. That was up 23% from its Friday (March 6) closing terms of $92.69.
Crude lipid prices surpass $100 a tube arsenic Iran warfare impedes accumulation and shipping
Crude lipid prices transcend $100 per tube arsenic the Iran warfare disrupts accumulation and shipping successful West Asia.
March 09, 2026 09:43
Asian equities plunge arsenic lipid soars 30% connected West Asia situation
Asian banal markets plunged connected Monday (March 9, 2026) arsenic oil prices soared 30% connected fears astir supplies from West Asia arsenic the U.S.-Israeli warfare against Iran continued into a 2nd week with nary motion of letting up.
Investors, already spooked by concerns implicit extended tech valuations and the immense spending connected AI, ran for the hills arsenic crude rocketed to its highest level since the Russian penetration of Ukraine successful 2022.
Asian equities plunge arsenic lipid soars 30% connected West Asia crisis
Asian equities driblet sharply arsenic lipid prices surge 30% amid escalating West Asia conflict, raising ostentation and economical concerns.