Business Bible News Market Minute: March 9 @ 4:00PM ET

This is a Business Bible News Market Minute for Monday March 9 at 4:00 PM Eastern Time. According to Bloomberg, oil prices have fluctuated dramatically as tensions from the Iran War lead Gulf producers to cut output, with a coordinated release of emergency stockpiles under consideration. Global markets are mixed today. In overseas trading, the Nikkei is down 2,711 points. The Nasdaq is up 309 points to 22,696. Oil is trading at $86 per barrel while gold is at $5,144 per ounce. Today's Daily Principle is ECONOMICS, specifically dealing with Scarcity. This principle is found in Ephesians 3–20. The verse reads: 'To him who by means of his power working in us is able to do so much more than we can ever ask for, or even think of:' Learn more at businessbible.com where Daily News meets Daily Principle.