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10 Mar 2026 22:00
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  •   Home > News > Business

    Oil supply concerns are reverberating through the global share market - but the damage could be recoverable

    Oil supply concerns are reverberating through the global share market - but the damage could be recoverable


    Tehran's closed the Strait of Hormuz - in response to US and Israeli bombing of infrastructure and people.

    Now the price for a barrel of crude oil has topped 100 US dollars for the first time since 2022.

    Generate Investment Specialist Greg Smith says it's important investors maintain perspective.

    He says markets get past these crises - America's biggest index, the S&P 500, for example, is up around 80 percent since Russia's invasion of Ukraine.

    © 2026 Newstalk ZB, NZCity

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     09 Mar: The Iranian conflict has forced crude oil prices over 100 US dollars a barrel for the first time since 2022
     Top Stories

    RUGBY RUGBY
    Zac Lomax is assuring rugby union fans he will see out his contract with the Western Force and Rugby Australia More...


    BUSINESS BUSINESS
    The Prime Minister says the latest Covid Royal Commission findings are sobering More...



     Today's News

    Rugby League:
    Zac Lomax is assuring rugby union fans he will see out his contract with the Western Force and Rugby Australia 21:57

    International:
    How Donald Trump's latest Iran war update fits into the US administration's shifting statements 21:47

    Entertainment:
    Ryan Gosling arranged for his wife Eva Mendes to receive a special birthday tribute on The Tonight Show Starring Jimmy Fallon 21:36

    Law and Order:
    Police are appealing for sightings of 75-year old Rhonda Hurley, resident of Otorohanga, south of Hamilton 21:17

    National:
    Gamblers can now bet on the outcome of wars – and that’s a problem 21:07

    Entertainment:
    Aaron Rodgers felt he was into "crazy town" when dating his famous ex-girlfriends 21:06

    Entertainment:
    Terrence Howard threatened to punch a Hollywood producer's teeth out - and believes the row led to him being dropped from Iron Man 2 20:36

    Entertainment:
    Cruz Beckham is hoping for a reconciliation with his estranged brother Brooklyn Beckham 20:06

    International:
    War in the Middle East: Iranian footballer led onto bus by wrist before police escort to airport 19:47

    Entertainment:
    Will Ferrell gave a share of his pay for Anchorman: The Legend of Ron Burgundy to Christina Applegate after she received an "offensive" offer to star in the movie 19:36


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