Paris, France, March 16, 2026 (AFP) - Middle East war: global economic fallout

NAMPA / AFP

2026-03-16

Here are the latest economic events in the Middle East war on Monday: - Oil rises, stocks fall - Oil prices rose further above $100 a barrel and Asian stocks mostly fell as the Iran war moved into a third week. A barrel of Brent was up almost three percent at nearly $106 in mid-morning trading in Europe. Crude rose after US President Donald Trump said at the weekend that forces struck military targets on Kharg Island, a scrubby stretch of land......

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