Public Markets 8-Hour Briefing

Last updated: March 14, 2026, 4:30 PM ET

Energy & Commodities

The Iran conflict has supercharged earnings for a secretive Korean tycoon even as it disrupts shipping lanes, with vessel traffic through the Strait of Hormuz remaining at very low levels despite a second Dynacom tanker transiting. Meanwhile, the U.S. approved a $5 billion ultra-deepwater drilling plan in the Gulf of Mexico expected to produce up to 10 billion barrels by 2030, while higher oil prices are boosting state budgets in energy-producing regions, helping close deficits and fund infrastructure.

Financial Markets