Oil Above $100 — Why Markets Are Nervous | S3 E127 | 03-09-26

Markets with Megan: A Quick Financial Markets Update · Mar 9, 2026 · 6m · transcript

Markets remain under pressure as geopolitical tensions in the Middle East continue to escalate, with a critical global energy chokepoint now at the center of investor concern.

In this episode Verdence CIO Megan Horneman explains why the Strait of Hormuz has become the market’s primary focus. The strategic waterway carries roughly 20% of the world’s seaborne oil supply, and with tanker traffic currently down as much as 90–95%, disruptions are sending shockwaves through energy markets and investor sentiment.

Oil prices have surged above $100 per barrel, while gasoline prices are climbing…