Business Bible News Market Minute: March 12 @ 9:30AM ET

This is a Business Bible News Market Minute for Thursday March 12 at 9:30 AM Eastern Time. According to Bloomberg, the Iran war is causing unprecedented turmoil in oil markets, hitting 7.5% of global supply and an even bigger swath of exports, the International Energy Agency said. Global markets are down today. In overseas trading, the Nikkei is down 640 points. The Dow is down 548 points to 46,869. Oil is trading at $94 per barrel while gold is at $5,178 per ounce. Today's Daily Principle is ECONOMICS, specifically dealing with Recession. This principle is found in Genesis 41–30. The verse reads: 'After that, there will be seven years of famine, and all the good years will be forgotten, because the famine will ruin the country.' Learn more at businessbible.com where Daily News meets Daily Principle.

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This episode was published on March 12, 2026.

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