The Donald Trump administration announced Friday, March 6, that it will launch a reinsurance program for oil tankers and other vessels - in an effort to restart traffic through the Strait of Hormuz, CNBC <a href="https://www.cnbc.com/2026/03/06/trump-reinsurance-oil-iran-war.html">reports </a>. The U.S. Department of Commerce's (DFC) Corporation for International Development will insure losses of up to $20 billion on a renewable basis.

US to insure ship losses in the Strait of Hormuz for up to $20 billion

Qatar appears to have loaded its first liquefied natural gas tanker after an escalating conflict in the Middle East <a href="https://oninvest.com/article/ceny-na-gaz-v-evrope-podskocili-na-47-posle-priostanovki-spg-kompleksa-v-katare">forced it to halt</a> production and declare force majeure, Bloomberg <a href="https://www.bloomberg.com/news/articles/2026-03-06/qatar-appears-to-have-loaded-first-lng-cargo-since-force-majeure">writes,</a> citing ship tracking data.

Qatar sends first LNG tanker after halting exports due to war - Bloomberg

Last year, several players in the region pledged to invest hundreds of billions of dollars in the US

Gulf states discuss investment review due to war pressures - FT

By the end of the first week of the large-scale operation of the U.S. and Israel against Iran, the best dynamics in Asia were demonstrated by the Chinese markets, Bloomberg <a href="https://www.bloomberg.com/news/articles/2026-03-06/chinese-markets-weather-iran-war-turmoil-better-than-asian-peers">noted</a>. Shares of Chinese companies traded on the domestic market (Shanghai Shenzhen CSI 300 index), during this time lost only about 1%, while in other Asian markets the decline <a href="https://oninvest.com/article/u-akcij-azii-hudsaa-nedela-za-6-let-u-nefti-rekord-s-2022-go-7-den-vojny-v-irane">exceeded</a> 6%, writes Bloomberg.

'Investor safe haven': China's markets fared best in Asia after a week of war in Iran

Oil price could rise to $150, says country's energy minister

War threatens to bring Middle East oil and gas production to a complete halt, Qatar says

Berkshire Hathaway Inc.

Oracle Corporation

Victoria's Secret & Co.

The Gap, Inc.

Marvell Technology, Inc.

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: macro data will increase volatility

The cost of Mark Brent crude oil jumped more than 2% to $87.66 per barrel in intraday trading on March 6 - the highest since July 2024, Reuters <a href="https://www.reuters.com/business/energy/oil-falls-us-may-intervene-futures-market-issues-waiver-russian-purchases-2026-03-06/">writes</a>. Futures for WTI oil with delivery in April at the time of publication add 3.86%, the U.S. Mark oil is trading at $84.14 per barrel.

Oil jumped above $87 a barrel, the highest in nearly two years

Sectra AB (publ)

RENK Group AG

ITV plc

However, there are "no signs of a large-scale panic sell-off", Barclays strategists state

The week after the Iran war began could be the worst for EU stocks in almost a year

The escalation of the conflict in the Middle East continues for the seventh day. What is happening on the markets and what analysts say about it - in our review.

Asian stocks have worst week in 6 years, oil has record since 2022: Day 7 of Iran war

The US president considers it unlikely that the post of the head of Iran will go to the son of the deceased supreme leader Ali Khamenei

U.S. should be involved in choosing Iran's next leader - Trump

Benchmark Brent crude fell in morning trading in Asia, but the relief may be temporary

The US has authorized India to buy Russian oil. The discount has been replaced by a premium

Caterpillar Inc.

The Boeing Company

3M Company

NVIDIA Corporation

Advanced Micro Devices, Inc.

GE Aerospace

Major U.S. stock market indices collapsed on Thursday, March 5, failing to hold Wednesday's gains. Fears around the war with Iran intensified after it became known about strikes on several oil tankers. This triggered a panic sell-off, the price of oil jumped and the fear index soared. By the close of trading, the fall in stocks and the oil rally had slowed - in anticipation of a possible <a href="https://www.reuters.com/business/energy/us-weighs-oil-futures-market-action-combat-rising-energy-prices-wh-official-2026-03-05/">announcement of </a>measures to curb energy prices by the US Treasury Department.