Public Markets 3h Briefing
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Last updated: March 21, 2026, 11:30 AM ET
Aviation & Energy Volatility
United Air executives bloomberg.com warned investors about the risk of jet fuel expenses soaring if crude oil breaches $175 per barrel, despite current readiness for supply shocks, while this outlook contrasts sharply with successful energy positioning elsewhere. Old West Investment Management bloomberg.com reportedly secured a 31% gain by heavily favoring energy stocks when crude was trading near $60, prior to recent geopolitical escalations.