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The U.S. Federal Reserve (Fed) maintains interest rates in its second policy meeting of the year, as predicted by the market.
A series of energy facilities in the Middle East were attacked, causing global oil prices to rise nearly 4% on March 19.

“Iran Holds the Key to Reopening the Global Energy Market”

Iran is signaling that it, not the U.S., will decide when to end the global energy supply disruption, according to Reuters.

World Gold Prices and US Stocks Plummet Together

Gold prices exceed $300 per ounce, while the DJIA index of US stocks drops over 1,000 points.

Many Middle Eastern countries halt oil and gas extraction.

Qatar halts LNG production, Israel temporarily shuts down gas fields, while Saudi Arabia closes its largest oil refinery due to ongoing conflicts.

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