U.S. oil surges over 11% toward a record weekly gain, as the Middle East conflict spurs worries over production cuts
MarketWatch
by Myra P. SaefongMarch 6, 2026
U.S. oil prices rallied Friday and were on track to set a record weekly gain of 35%, as the Middle East begins to feel a squeeze in production and storage capacity as the Iran conflict runs through a seventh day.
Verticals
financemarkets
Originally published on MarketWatch on 3/6/2026