Oil Holds Above $100 as Iran Escalates Attacks Against Key Infrastructure
WSJ·2026-03-17 10:15
Core Viewpoint - Brent crude oil prices have remained above $100 per barrel due to increased attacks by Iran on critical energy infrastructure in the Middle East and the refusal of U.S. allies to support Trump's call for reopening the Strait of Hormuz [1] Group 1 - Brent crude oil prices are currently above $100 per barrel [1] - Iran has intensified its attacks on key energy infrastructure in the Middle East [1] - U.S. allies have declined to assist in reopening the Strait of Hormuz as requested by Trump [1]