NVIDIA Corporation

Nebius Group N.V.

Oracle Corporation

Apple Inc.

The war in the Middle East has caused the biggest oil supply disruption in history, affecting about 7.5% of global supply. An investment boom brought 45 new billionaires linked to AI companies to the Forbes ranking. Nvidia announced a $2 billion investment in Arkady Volozh's cloud AI company Nebius to develop computing power and "AI factories." The main events of March 9-13 are in our review.

Highlights of the week: oil supply disruption, Nvidia and Nebius deal, new billionaires

The war in the Middle East, which has deprived the world of about 20% of the global supply of oil and liquefied natural gas, is changing expectations about global inflation, economic growth and the outlook for monetary policy. An average oil price of $150 or even $200 a barrel no longer seems impossible to analysts, and such a rise could reignite inflation.

'An incredible shift': where two weeks of war in Iran has taken the world economy

Quotes of Brent crude oil at the auction on March 13 fell to a daily low of $98.45, down 1.5% from the previous close. Futures for the U.S. Mark WTI oil also fell to $93.03, losing more than 2%. At the same time during the session, Brent jumped up to $102.75 per barrel amid the ongoing escalation of the conflict in the Middle East, while WTI traded at an intraday high above $98.

Oil has fallen below $100 a barrel: what's going on?

Oil prices may remain well above current levels and in the long term approach $150-$200 per barrel amid the ongoing conflict over Iran, says former chief economist of the International Monetary Fund (IMF) Olivier Blanchard, <a href="https://www.businessinsider.com/oil-prices-inflation-iran-trump-iea-imf-chief-economist-hormuz-2026-3">writes</a> BusinessInsider.

Oil at $200: why ex-IMF economist expects oil rally even if war ends

Adobe Inc.

Ulta Beauty, Inc.

SentinelOne, Inc.

PagerDuty, Inc.

ServiceTitan, Inc.

Morgan Stanley

Dollar General Corporation

CF Industries Holdings, Inc.

Firefly Aerospace Inc.

The Descartes Systems Group Inc.

Deutsche Bank Aktiengesellschaft

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: inflation statistics will set the vector for trading

Any war in the Middle East is usually perceived as a global risk for the economy. Oil rises, logistics become more expensive, and markets get nervous. But if you look more closely, this turbulence has beneficiaries. One of them is China.

How China is tacitly benefiting from the Gulf War

If the Strait of Hormuz remains closed until April, the cost of oil could exceed 2008 highs, Goldman Sachs has warned

U.S. intervention in oil futures trading risks 'biblical disaster' - CME

U.S. Treasury Department authorization allows a month to buy oil from Russia stuck at sea 

The US lifted sanctions on Russian oil for a month. How did the market react?

Other analysts warn of a possible major correction

Goldman Sachs sees the potential for a rally in US stocks. What will push them up?

The war with Iran has caused unprecedented turmoil in the global oil market, affecting 7.5% of the global oil supply and an even larger share of export supplies, Bloomberg <a href="https://www.bloomberg.com/news/articles/2026-03-12/iran-war-is-causing-biggest-ever-oil-market-disruption-iea-says?srnd=homepage-europe">writes</a>, citing a <a href="https://www.iea.org/data-and-statistics/data-product/oil-market-report-omr">report by</a> the International Energy Agency (IEA).

"Major oil market disruption": IEA cuts global demand growth forecast by 25%

Retail speculators have driven volatility in the oil market to a six-year high

Has oil become a "meme stock"? Private investors have broken pricing in the crude market

JinkoSolar Holding Co., Ltd.

The yuan, PRC bonds and Chinese stock markets have been more stable than Western and Asian peers amid the Middle East conflict