Oil rises, stocks fall as Iran war enters fifth week and further escalation looms

Oil surged over $115 a barrel this Monday as the war in Iran entered its fifth week. Houthi strikes on Israel have raised concerns that shipping through the Bab al-Mandeb strait could be disrupted, adding to the supply pressure already created by the effective closure of the Strait of Hormuz. Also in this edition, we see how the conflict in the Middle East is affecting a wide range of businesses, including used car dealers in Japan and South Korea.

Mar 31, 2026 - 04:00
18214
Oil rises, stocks fall as Iran war enters fifth week and further escalation looms
Oil surged over $115 a barrel this Monday as the war in Iran entered its fifth week. Houthi strikes on Israel have raised concerns that shipping through the Bab al-Mandeb strait could be disrupted, adding to the supply pressure already created by the effective closure of the Strait of Hormuz. Also in this edition, we see how the conflict in the Middle East is affecting a wide range of businesses, including used car dealers in Japan and South Korea.
Original Post >>    

This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.