Crude oil prices hover over $100/bbl mark as Iran says Strait of Hormuz should remain shut; Wall Street indices tank over 1.5%
Crude oil prices were hovering over the $100 mark during the early hours on Friday, March 13, 2026, after Iran on Thursday made remarks on how the Strait of Hormuz should remain closed amid a global energy crisis. This has weighed down on the US stocks as well as oil prices, adding to the uncertain dynamics of global trade.
Crude oil prices were hovering over the $100 mark during the early hours on Friday, March 13, 2026, after Iran on Thursday made remarks on how the Strait of Hormuz should remain closed amid a global energy crisis. This has weighed down on the US stocks as well as oil prices, adding to the uncertain dynamics of global trade.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
