Oil extends gains as Mideast conflict threatens facilities

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Source: The Korea Herald
Published: 2026-03-16 13:25 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Middle East, Military & Defence, Iran, Energy, World News, War & Conflict
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Snippet:
SINGAPORE (Reuters) -- Oil prices extended gains on Monday as the US-Israeli war against Iran entered a third week, putting oil infrastructure at risk and keeping the Strait of Hormuz shut in the biggest disruption to global supplies ‌ever.
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