MarketPulse

Kharg Island

2 articles
BenzingaBenzinga··Eva Mathew

WTI Crude Surges Past $100 as Trump's Iran Threats Roil Oil Markets

WTI crude surged past $100/barrel on March 16, 2026, driven by Trump's Iran threats and Hormuz closure, climbing 50% since February despite massive strategic reserve releases.
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BenzingaBenzinga··Mohd Haider

Trump Orders Strike on Iran's Kharg Island, Warns of Escalation Over Hormuz Shipping

Trump announces U.S. strike on Iran's Kharg Island, sparing oil infrastructure while threatening escalation over Hormuz shipping. Energy stocks surge.
AMJBJPMJPMpCJPMpDJPMpJ+4Irangeopolitical tension