London, March 16, 2026 (AFP) - Oil eases, equities rise as market focuses on Strait of Hormuz

NAMPA / AFP
2026-03-16
Oil prices dipped and equities rose on Monday as investors focused on the crucial Strait of Hormuz and the head of the IEA said more crude could be released on the market if necessary. As the Middle East war entered its third week, Wall Street opened higher while most European stocks climbed after Asian stocks mainly dipped. International benchmark Brent North Sea crude dropped back two percent to $101 after rising about three percent earlier in......
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