Markets Surge on War Hopes, Oil Shock Reshapes Outlook

Stocks are rallying—but markets are being driven by one key factor: oil.Paul Lane and Marc Fandetti break down a volatile first quarter, rising energy prices, and how the Iran conflict is reshaping expectations for inflation, interest rates, and growth.Also covered:Why markets are reacting to every headline out of the Middle EastHow oil shocks impact both inflation and consumer spendingThe Fed’s shifting outlook on rate cutsSector winners and losers from a turbulent quarter