Access to affordable credit helps me pay my employees, but I don't really need it.

Infliction is killing me!

But who cares? Big retailers are making record profits!

That's why we support the Durban Marshall Credit Card Bill!

See? Banks and credit unions help small businesses make payroll.

This bill would cut the vital resources they need.

While increasing megastore profits, they deserve it. Don't they?

Tell Congress, stop the Durban Marshall money grab for corporate megastores.

Paid for it by the Electronic Payments Coalition.

The Persian Gulf oil shock is here. We'll get the latest as prices top $100 a barrel and attacks on infrastructure escalate.

The growing number of strikes between Iran and all of its neighbors, including Israel and the U.S., have increasingly taken on a new target in this war, which is critical infrastructure.

Plus what Iran's new supreme leader tells us about the country's eagerness to keep fighting,

and President Trump's sons back a new drone company banking on sales to the U.S. military.

It's Monday, March 9th.

I'm Luke Vargas for the Wall Street Journal, and here is the AM edition of What's News.

The top headlines and

business stories moving your world today. Oil prices have crossed $100 a barrel for the first time

since Russia's invasion of Ukraine rattled oil markets in 2022. The journal's Joe Wallace has been tracking the war with

Iran's impact on oil markets, and he joins us now with the latest. Joe, I guess we can say it now.

It has been a history-making week for oil markets, U.S. futures registering their biggest weekly

rise ever. We've got Brent and West Texas Intermediate Crude, having both spiked

today to almost $120 a barrel, although they have settled down a little bit from there.

...