Most Volatile Oil Market in Our Lifetime: Carley Garner

Senior commodity strategist Carley Garner warns the oil market is experiencing its most extreme volatility in decades, driven by geopolitical tensions and supply uncertainties in March 2026. US crude prices briefly dipped amid expectations of emergency reserve releases, offering temporary relief to strained markets but failing to ease broader investor anxiety. Middle East supply disruptions remain the primary catalyst for instability, with ongoing conflicts threatening to constrict global oil flows and exacerbate price swings. Investors stay on high alert as unpredictable geopolitical risks outweigh short-term supply adjustments, sustaining market turbulence despite intervention attempts. Garner’s assessment underscores a prolonged period of uncertainty, with no immediate resolution to structural supply-chain vulnerabilities or regional conflicts.