This photograph shows a stock exchange chart displayed on a smartphone next to world stocks index in Brussels on March 12, 2026. (Photo by Nicolas TUCAT / AFP via Getty Images)

This photograph shows a stock exchange chart displayed on a smartphone next to world stocks index in Brussels on March 12, 2026. (Photo by Nicolas TUCAT / AFP via Getty Images)

French agricultural union 'Jeunes agriculteurs' Secretary General Quentin Le Guillous (L) addresses media following an intergovernmental meeting with fuel distributors and representatives of the agricultural sector at the French Economy and Finance Ministry in Paris on March 12, 2026. In response to soaring prices at the pump linked to the war in the Middle East, France's Prime minister requested yesterday proposals to protect consumers, while some retailers are already anticipating sharp price drops as early as this week. (Photo by Thomas SAMSON / AFP via Getty Images)

TOPSHOT - The Burj Khalifa skyscraper (L), the world's tallest building, and the Burj al-Arab hotel (R) are pictured along the Dubai skyline on March 11, 2026. Iran said on March 11 that it was ready for a long war of attrition that would "destroy" the world economy, after firing on two commercial ships and threatening any vessels from the US or its allies. (Photo by Fadel SENNA / AFP via Getty Images) /

TOPSHOT - French President Emmanuel Macron chairs a video conference of G7 leaders to discuss the fallout of the war in Iran on the world economy, amid the US-Israeli war on Iran, at the Elysee Palace in Paris, on March 11, 2026. (Photo by Gonzalo Fuentes / POOL / AFP via Getty Images)

TOPSHOT - A photograph shows Dubai's skyline with the Burj Khalifa at the centre on March 11, 2026. The Gulf countries have long been seen as islands of stability in the Middle East, but the war in the region could threaten their prosperity, analysts said, pointing to risks to their revenues and reputations as business havens. (Photo by FADEL SENNA / AFP via Getty Images)

A plume of smoke rises after a reported Iranian strike on fuel tanks in Muharraq on March 12, 2026. Oil soared above $100 and stocks sank on March 12 as Iran's fresh attempts to hit supplies in the Middle East and threats to bring down the global economy overshadowed a record release of strategic crude by the International Energy Agency. Bahrain reported Iran had carried out an attack on fuel tanks in the country, while Saudi Arabia said it had intercepted drones headed to Shaybah oil field and drones struck fuel tanks at Oman's Salalah port, where operations were subsequently suspended. (Photo by Fadhel MADHAN / AFP via Getty Images) /

A plume of smoke rises after a reported Iranian strike on fuel tanks in Muharraq on March 12, 2026. Oil soared above $100 and stocks sank on March 12 as Iran's fresh attempts to hit supplies in the Middle East and threats to bring down the global economy overshadowed a record release of strategic crude by the International Energy Agency. Bahrain reported Iran had carried out an attack on fuel tanks in the country, while Saudi Arabia said it had intercepted drones headed to Shaybah oil field and drones struck fuel tanks at Oman's Salalah port, where operations were subsequently suspended. (Photo by Fadhel MADHAN / AFP via Getty Images) /