SPX7,580.06+0.22%DJIA51,032+0.72%COMP26,973+0.20%RUT2,919.34-0.59%CL$87.76-1.28%GC$4,569.90+1.57%DX98.94-0.08%VIX15.32-2.67%Fed Funds4.50%HOLD10Y4.287%-0.031CPI Y/Y2.8%-0.1%Core PCE2.7%-0.1%Unemp4.2%0.0NFP+150kMayGDP Q/Q+2.6%Q1Retail+0.4%M/MSPX7,580.06+0.22%DJIA51,032+0.72%COMP26,973+0.20%RUT2,919.34-0.59%CL$87.76-1.28%GC$4,569.90+1.57%DX98.94-0.08%VIX15.32-2.67%Fed Funds4.50%HOLD10Y4.287%-0.031CPI Y/Y2.8%-0.1%Core PCE2.7%-0.1%Unemp4.2%0.0NFP+150kMayGDP Q/Q+2.6%Q1Retail+0.4%M/M

Oil’s Reality Check Hits Markets as Energy Crisis Enters Month Two

ByON1010 Research Posted onMarch 25, 2026 at 6:00 AM EDT Reading Time: 3 minutes

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The Opening Bell

The energy shock that started a month ago is forcing a brutal recalibration across markets. With the Strait of Hormuz still closed and oil holding near $90 after yesterday’s sharp selloff, investors are grappling with a new reality: this isn’t a temporary spike that fades in a few weeks. The bond market’s recent moves suggest traders are starting to price in a longer, more complex adjustment period.

Market Snapshot

Fed Funds Target Range: 3.5%-3.75%

10-Year Treasury: 4.34%

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