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Oil shock driving market and inflation fears

April 3, 2026The Kobeissi Letter, Jim Cramer, Peter Schiff

The Kobeissi Letter, Jim Cramer, Peter Schiff, Liz Ann Sonders and unusual_whales all tie surging oil to equity weakness and higher inflation, emphasizing oil as a globally priced constraint even for net exporters.

BREAKING: US oil prices surge over +10% to $110/barrel
BREAKING: US oil prices surge above $108/barrel, now up +25% over the last week.
Oil up 87% for the year... Remember we don't have any instances of oil being up 100% and the market NOT being down 20%.
Oil prices are soaring today.
we don’t sell oil to ourselves at a domestic discount
The Kobeissi Letter
Jim Cramer
Peter Schiff
Liz Ann Sonders
unusual_whales
oilinflationmacroequities

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