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Hey listeners, your money briefing is on a break, but it will be back with more personal

finance information for you in the future. Until then, here's the

news moving markets this week.

Hey, listeners. It's Saturday, March 14th. I'm Xavier Martinez for the Wall Street Journal,

and this is what's news in markets. Our look at the biggest stock moves of the week and the news

that drove them. Let's get into it. This week, the oil markets

largely determined where stocks went, and the direction kept changing. Oil hit $100 a barrel

Sunday night for the first time in nearly four years, but it fell sharply after President Trump

suggested that the war with Iran may be close to an end.

That, in turn, lifted major indexes, which started the week on the upswing.

But that optimism didn't last.

Iran escalated its attacks on the Strait of Hormuz, which effectively choked off traffic through the narrow waterway.

Oil flows dropped to under a million barrels a day, a fraction of the

roughly 20 million that passed through in normal times. Midweek, the International Energy

Agency slashed its oil supply outlook and coordinated a record release of emergency reserves.

...