Oil Reaches $100 a Barrel : The Daily News Drop Radio Report for Monday, March 9, 2026

0:00And now the Daily News Drop, oil surging above $100 a barrel. This after Kuwait, Iraq and the United Arab Emirates cut output as the countries are unable to export through the Strait of Hormuz because of that military strike that's occurring against Iran. Overnight, West Texas, Intermediate reached 106 bucks a barrel. One U.S. sanctioned tanker made it through the strait today as President Trump considers military escorts for those tankers. Interior Secretary Doug Burgham says possible actions include releasing crude oil from the country's emergency reserves, waivers of fuel blending requirements, and the U.S. Treasury trading oil futures. Oil prices are up 35 percent since those attacks on Iran. Are you feeling the effects of daylight saving time? Although surveyed are most concerned about having to wake up earlier, feeling more tired during the day and 27 percent say that they're having difficulty falling asleep over the change. But one thing they're not sacrificing, they're coffee. Nearly half of Americans go to bed earlier just to have more time for their morning coffee

1:00according to talkers research. The survey of 2,000 coffee drinkers explored how caffeine lovers favorite brew gets them through the day, finding that 47 percent are motivated to go to bed early just for the desire to have enough time for their coffee. 93 percent agree the coffee provides at least some motivation to get through the day. On average, respondents spend more time making and drinking coffee at 16 minutes, then they spend showering at 11 minutes, eating breakfast, 9 minutes, and doing their hair and makeup 8 minutes. Wall Street reacted to job losses on Friday, traders expected the U.S. to add 50,000 jobs in February, but the Bureau of Labor reports a loss of 92,000 jobs. So that caught the market off guard on Friday, all indices were down and trading with the Dow losing the most at minus 453 points. A large share of the job losses comes from one labor strike in the healthcare sector that affected 30,000 jobs as a result the unemployment rate edged up to 4.4 percent from 4.3. The gap store miss sales do that historic winter storm two weeks ago that closed 800 stores

2:05temporarily, the gap owns the brand's old Navy and Banana Republic. The Justice Department is investigating producers of commercial fertilizers, including nutrient and mosaic for possible civil and criminal antitrust violations. The probe is examining companies' pricing practices. The investigation is in its early stages I'm told, and the companies are being accused by the DOJ of controlling the significant portion of the U.S. fertilizer market, raising concerns among farmers and government officials about those high prices. John Deere rolling out self-repair tools allowing farmers to do equipment maintenance and perform diagnostics on their farm implements. The company is offering several free tools to help farmers maintain their equipment. The John Deere mobile app allows producers to catalog those machines, access maintenance information, part numbers, and receive a checklist for service intervals. The app connects directly to John Deere parts suppliers. U.S. Ag Secretary Brooke Rollins unveiled one farmer, one file, a new initiative designed

3:07to make USDA services easier and faster for farmers. Agency says the program creates a single unified record across USDA programs, reducing paperwork, saving time, and improving efficiency. Oracle is planning to cut thousands of jobs across divisions as it handles a cash crunch from that massive AI data center expansion effort. The job reductions may be implemented as soon as this month and will affect job categories if the company expects will be replaced by artificial intelligence. United Airlines has adopted a new policy where all passengers listening to audio must do so with headphones. The age of social media has brought frustration from crew and passengers as travelers consume content in the open and sometimes on blast. United's updated policy allows for the removal of passengers if they do not comply. I'm Jeff Vaughn, Vatur Daily News Drop.