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Oil Prices Surge Amid U.S.-Israel-Iran Tensions

3/10/2026

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Story summary
  • On March 9, 2026, House Majority Whip Tom Emmer (R-MN) urged calm as oil rose to $119.50 per barrel amid the U.S.-Israel conflict with Iran.
  • Prices stabilized around $100 per barrel.
  • Emmer said the rise would be temporary, echoing U.S. President Donald Trump that it is a small price for long-term peace and security.
  • Emmer and House Republicans are strategizing in Doral, Florida.