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The Economic Times

Markets / The Economic Times

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Oil rises as expanding US-Israeli conflict with Iran elevates supply risks

Oil prices are climbing for a third day. The conflict between the U.S. and Israel with Iran is intensifying. Threats to shipping through the Strait of Hormuz are causing fears of supply disruptions. This key Middle East region is vital for global oil. Markets are watching the impact of this escalating conflict closely.

3 Mar 2026 8:17 am