CNBC Daily Open: Markets digest U.S.-Iran war as conflict spreads

A general view of Tehran with smoke visible in the distance after explosions were reported in the city, on March 2, 2026 in Tehran, Iran.The first flights out of Dubai were cleared to depart since the U.S. and Israel attacked Iran, but service is 'limited.' It comes after more than 11,000 flights were canceled in the Middle East.Oil prices jumped after Iran reportedly said it had closed the Strait of Hormuz. Crude oil prices were up more than 8% on Monday, as market participants feared that war between the ...