Benzinga Market Summary: Crude Oil Markets Rise After Iran Refutes President Trump's Peace Talk Claims; Apollo And Ares Added Their Names To The List Of Private Credit Funds Limiting Withdrawals Amid A Surge In Requests - Apollo Global Management (NYSE:APO), Ares Management (NYSE:ARES), State Street SPDR S&P 500 ETF Trust (ARCA:SPY), United States Oil Fund (ARCA:USO)
Published on March 24, 2026.
The world's largest oil company, OPEC, has seen a surge in oil prices after Iran responded positively to President Trump's claims that it will not abide by international law. The number of private credit funds holding out of business is also on the rise. The list includes Apollo Global Management (APO), Ares Management (PSP), State Street SPDR S&P 500 ETF Trust (SPY), and the United States Oil Fund (USO).
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