TORONTO – The futures market pointed to a negative open for U.S. stock markets as the price of oil topped US$100 a barrel.
The price of crude was up US$12.44 at US$103.34 a barrel as the Iran war ramped up.
Bahrain’s national oil company declared force majeure for its shipments after an Iranian attack set its refinery ablaze.
Oil depots in Tehran also smouldered following overnight strikes by Israel.
The Canadian dollar traded for 73.92 cents US compared with 73.46 cents US on Friday.
The April gold contract was down US$65.40 at US$5,093.30 an ounce.
This report by The Canadian Press was first published March 9, 2026.
— With files from The Associated Press
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
