Business Bible News Market Minute: March 26 @ 12:00PM ET

This is a Business Bible News Market Minute for Thursday March 26 at 12:00 PM Eastern Time. According to Bloomberg, Governments across Asia are preparing for worst-case energy scenarios that could include a prolonged and severe disruption to supplies, as the US and Iran remain at odds over proposals to end a conflict that has roiled global markets. Global markets are down today. In overseas trading, the Nikkei is down 391 points. The Nasdaq moved the most, down 234 points to 21,694. Oil is trading at $94 per barrel while gold is at $4,440 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.