Oil hits $100, global stocks slide as Gulf shipping comes under attack

Oil prices surged above $100 per barrel while global stock markets fell as the Iran war intensified, with attacks on ships near the Strait of Hormuz raising fears of energy supply disruptions

Mar 13, 2026 - 10:00
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Oil hits $100, global stocks slide as Gulf shipping comes under attack
Oil prices surged above $100 per barrel while global stock markets fell as the Iran war intensified, with attacks on ships near the Strait of Hormuz raising fears of energy supply disruptions

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