Oil and Hormuz security
The IEA said emergency-reserve oil would soon reach global markets, while the U.S. discussed allied cooperation with seven countries to police and secure the Strait of Hormuz.
Mar 15, 2026 · QQQ/SPY Market Review · 16 headlines
QQQ and SPY were unchanged during the Sunday market closure. The main context came from the IEA's plan for emergency oil to reach global markets and U.S. talks with seven countries on securing the Strait of Hormuz. China then reported 6.3% February industrial-production growth against a 5.3% estimate, while U.S.-China talks covered farm goods and managed trade. Malaysia's decision to declare its U.S. trade deal invalid added tariff-policy context.
Published
The IEA said emergency-reserve oil would soon reach global markets, while the U.S. discussed allied cooperation with seven countries to police and secure the Strait of Hormuz.
Iran's foreign minister said no ceasefire or negotiation request had been made, while Trump said talks were under way but Iran was not ready.
China's February industrial production rose 6.3% year over year against a 5.3% estimate, and sources said U.S.-China talks in Paris covered farm goods and managed trade.
Malaysia declared its U.S. trade deal invalid after the Supreme Court ruled in February that tariffs imposed under IEEPA were unlawful.
Loading the full-day price curve…