Finance & Banking — Global Energy Crisis and Iran War Trigger Market Volatility; IEA Warns of Unprecedented Oil Shock

Finance & Banking · 2026-03-24

The convergence of geopolitical tensions, energy market disruptions, and fiscal challenges is creating a perfect storm for financial markets. The Iran war has precipitated what the IEA calls the worst energy shock in history, while simultaneously driving Bitcoin above $71,000 and triggering a $1.7 trillion market rally on peace talk prospects. The U.S. fiscal situation has reached a critical…