Oil and Freight Markets Surge as Gulf Conflict Escalates

Published on March 9, 2026

Markets hate uncertainty, and right now there’s plenty to go around. The outbreak of the U.S.-Iran conflict, following by Iranian retaliation against oil infrastructure across the Persian Gulf, has sent crude prices surging and shipping rates soaring to record levels.

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US Department of Labor recovers more than $293K in back wages for 56 construction workers denied overtime by Idaho company

March 9, 2026
NAMPA, ID – The U.S. Department of Labor has recovered $293,698 in back wages for 56 workers employed by a Nampa-based residential construction company after a federal investigation found the employer denied them overtime pay in violation of the Fair Labor Standards Act.Investigators with the department’s Wage and Hour Division determined Speedy’s Framing LLC paid employees straight time rates for

Technical Deterioration: Risk Management Is Key

March 9, 2026
The S&P 500 closed at 6,740 on Friday, its lowest level since mid-December, as technical deterioration, collapsing payrolls, and $100 oil converged on the charts. Every major moving average has broken. Here’s what comes next.