Oil Just Had a Brutal Month and the Inflation Story Is Changing Again
Oil ended March with one of its ugliest moves in years, and the market is not overreacting. Reuters reported that Brent crude briefly hit $113.43 a barrel on March 31, while U.S. crude hovered near $102.90 as traders weighed war escalation, partial hopes of de-escalation, and ongoing disruption around the Strait of Hormuz. The bigger … Read more
