Impact of Iran War on Economy
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 9 March 2026
⏱️ 8 minutes
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Summary
I joined CBS Saturday Morning to discuss how the war against Iran is impacting the overall economy.
"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
Transcript
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| 0:00.0 | Welcome to the Jill on Money Show. It's Monday, March 9th. And whoa, last week was a big week, |
| 0:11.4 | lots of volatility. So I know this kind of activity does breed uncertainty and anxiety. And you know |
| 0:18.5 | that I'm going to say that you've got to look through this and you're |
| 0:21.5 | a long-term investor, but also want to give you kind of the reality on the ground as well. |
| 0:26.7 | So Mark and I thought that it would make sense for us to air a segment that I did over the |
| 0:32.4 | weekend for CBS Saturday morning in order to give you a recap of the five work days and what happened in the markets and oil and gas and the impact on your investments and all that good stuff. Of course, if there's something big going on in your life, if there is an issue you would like to discuss, if you wonder how all this is going to impact your decision making, get in touch with |
| 0:55.7 | us. Go to jillunmoney.com, click the contact us button, write us a note, and let us know if you'd be |
| 1:01.5 | willing to come on the air live with us by checking the box mark. We'll get in touch with you. |
| 1:06.0 | You can always sign up for the free weekly newsletter, which comes out on Fridays. That also |
| 1:10.5 | will entitle you to our blog. |
| 1:12.5 | We also have another podcast. It's called Money Watch. We've got a radio show, videos, resources, |
| 1:17.9 | all there for you. It's at jillonmoney.com. Okay, so we are going to air this segment. |
| 1:24.1 | The anchors are Kelly O'Grady and Adriana Diaz, CBS Saturday mornings. And when we |
| 1:30.4 | come back from this, I'll talk a little bit more about some of the things you should be considering |
| 1:35.2 | as you look ahead. So here's a segment from a couple days ago. This is CBS Saturday morning. |
| 1:41.5 | The war with Iran is taking a toll on the U.S. economy. The price of crude oil |
| 1:45.6 | shot to its highest level since 2023 this week, surging more than 28 percent to more than $90 |
| 1:51.8 | a barrel. Wall Street completed its worst week since October. That was coupled with an unexpected |
| 1:57.6 | contraction in the U.S. labor market. But don't worry. We've got CBS News, |
| 2:02.2 | business analyst Jill Slessinger here. Jill, make sense of this, please. |
| 2:05.8 | Ooh, it's a lot of stuff. So obviously, we know that the price of oil is now trickling through |
| 2:11.4 | to the price of gas and diesel. And, you know, just in the last week, gas prices are up about |
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