Workflow
Middle East energy supply disruption
icon
Search documents
Oil Rallies as U.S.-Iran Conflict Threatens Strait of Hormuz Flows
Yahoo Finance· 2026-03-02 12:11
Shipping advisories also cited increased electronic interference affecting navigation and tracking systems across the wider area, heightening the risk of accidents. - Fadel Senna/Agence France-Presse/Getty Images Oil prices surged after the U.S. and Israel launched massive attacks against Iran, raising fears of a wider regional war and prolonged disruption to energy flows through the Strait of Hormuz, the world’s most critical oil chokepoint. In afternoon trading in Europe, Brent crude rose 7.8% to $78.5 ...