Oil prices remained well north of $100 per barrel after markets opened Sunday, with the Iran war moving into its fourth week.Why it matters: The price suggests that traders don’t see a near-term end to the conflict, or risks to oil transit in the Strait of Hormuz that’s throttling supplies on an unprecedented scale.It’s the first major trading since President Trump said Saturday night that Iran has 48 hours to reopen the Strait of Hormuz or else the U.S…
https://www.axios.com/2026/03/22/iran-war-oil-trump-hormuz-strait-threat
