Crude oil prices continue to rise as US-Iran conflict enters third week, Brent trades at $104/bbl; Wall Street indices end lower

Crude oil prices continued their rise during the early hours on March 16, 2026, after the United States attacked Iran’s key oil export hub, Kharg Island, as the conflict entered its third week since the beginning of this month.

Mar 16, 2026 - 04:00
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Crude oil prices continue to rise as US-Iran conflict enters third week, Brent trades at $104/bbl; Wall Street indices end lower
Crude oil prices continued their rise during the early hours on March 16, 2026, after the United States attacked Iran’s key oil export hub, Kharg Island, as the conflict entered its third week since the beginning of this month.

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