Crude Oil Surges on Middle East War Fears

Crude oil prices soar as the Iran war disrupts Middle East shipments, with April WTI futures up over 12% in a day to around $107. Qatar's energy minister warns of global economic fallout and Gulf production shutdowns pushing prices to $150 a barrel. President Trump rejects negotiations with Iran, fueling the rally amid Strait of Hormuz tensions. Markets bet heavily on crude hitting $90 or more by month's end, though long-term forecasts predict averages near $60 due to supply growth. Read more about this...