Hong Kong, March 3, 2026 (AFP) - Oil extends gains and stocks drop as Iran conflict spreads

NAMPA / AFP

2026-03-03

Oil prices extended gains and equities fell Tuesday as investors kept tabs on the Middle East as the United States and Israel continued to bombard Iran, while Tehran launched further strikes on neighbours. The attack on the Islamic state has upended regional energy flows, with the crucial Strait of Hormuz -- through which about a fifth of global oil transits -- effectively closed off, fuelled fears of a fresh energy crisis that could ramp up infl......

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Hong Kong, March 3, 2026 (AFP) - Oil extends gains and stocks drop as Iran conflict spreads

2026-03-03 06:00:14

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