Oil prices surge past $100 a barrel; Stock market tumbles

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{date(‘EEEE, MMMM d’,time(“now”))} | By Cate Martel

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It’s Monday. Yesterday was International Women’s Day, and I could not get enough of the jokes I kept seeing on social media about it coinciding with daylight saving time. Like this one: “And for the lady, a 23-hour day of recognition?” 

Iran war drives up oil prices   

Iran war drives up oil prices 

Trump defends oil price surge as ‘small price to pay’   

Trump defends oil price surge as ‘small price to pay’ 

Stock market drops   

Iran selects new leader   

Iran selects new leader 

More evidence the US struck Iranian girls school   

More evidence the US struck Iranian girls school 

Noem’s ouster opens door to DHS deal   

Noem’s ouster opens door to DHS deal 

Live Nation settles, avoids Ticketmaster breakup 

Live Nation settles, avoids Ticketmaster breakup 

Maybe you shouldn’t look at your investments today: 

The U.S. and Israel’s war with Iran has begun to take a major toll on the global economy. Oil prices skyrocketed overnight to more than $100 per barrel. Plus, the global market tumbled this morning. 

The stock market has seen steady losses since the military operation began, but today has been eye-catching: “The Dow Jones Industrial Average fell 500 points after the opening bell Monday, dropping 1.1 percent. The S&P 500 index opened with a loss of 0.9 percent, and the Nasdaq composite fell 0.7 percent after the opening bell.” Read more on today’s losses 

President Trump  sees the rising prices of oil as “a very small price to pay” for “safety and peace.” He argues that “ONLY FOOLS WOULD THINK DIFFERENTLY!” 

Energy Secretary Chris Wright has tried to downplay the surge in oil prices, predicting the spike in gas prices will not last for months. 

THIS IS A FASCINATING FIGURE ABOUT PRESIDENT TRUMP’S ECONOMY: 

The New York Times’s Peter Baker  pointed out that “in the 13 months since Trump took office, the economy has created a net total of 198,000 jobs compared........

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