Iran War Keeps Oil Prices Over $100 as Strait of Hormuz Remains Paralyzed
- Posted on March 16, 2026
- By International Business Times
- 3 Views
Iran War Keeps Oil Prices Over $100 as Strait of Hormuz Remains Paralyzed
LONDON — Oil prices held firmly above $100 a barrel on March 16, 2026, as the ongoing U.S.-Israel war with Iran entered its third week, with Iran's effective blockade of the Strait of Hormuz continuing to choke global supply lines despite President Donald Trump's repeated demands for international
