Oil Above $100: What’s Next? | Open Interest 3/9/2026

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Iran picks a new leader, signaling Tehran won’t back down as war spreads across the Middle East. Oil surges past $100 a barrel… President Trump calling it “a very small price to pay.” But Ed Morse warns crude could climb another 50%.

Strategist Ed Yardeni now puts the odds of a US stock meltdown at 35% as stagflation trades sweep markets. Is this inflation shock “transient” again? Dynex Capital’s Smriti Popenoe weighs in. And what if the Strait of Hormuz shuts down? Atomic Invest CEO David Dindi says that could reshape the Fed’s path forward. Plus, Bob Sloan of S3 Partners flags record short interest and mounting stress signals in private credit. (Source: Bloomberg)