Will Iran war fallout end the bull market? When investors really need to worry

If oil trades above $100 a barrel for a while, the U.S. economy could be in for major shocks, according to Bank of America.

Oil prices have surged since the U.S.-Israeli strikes on Iran last weekend, with West Texas Intermediate futures posting their biggest ever weekly gain, soaring 35%. The benchmark U.S. crude closed at $90.90 a barrel on Friday, close to the level that BofA global economist Claudio Irigoyen said will prompt “non-linear” effects in the economy.

Source: https://www.cnbc.com/2026/03/07/will-iran-war-fallout-end-the-bull-market-when-investors-need-to-worry.html