(March 25): Wall Street's main indices rose on Wednesday as prospects of a de-escalation in the Middle East conflict allayed some investor fears around prolonged energy supply disruptions. Oil prices sank almost 4%. EchoStar shares added 8.1%. The spike in oil prices tied to the Iran conflict has revived inflation concerns, complicating the interest rate outlook of central banks. BlackRock CEO Larry Fink said oil prices could reach US$150 a barrel and cause a "global recession" if Iran "remains a threat" even after the war ends.

Source: The Edge Markets March 25, 2026 10:46 UTC