Crude prices top $100 as Trump says U.S. may hit Iran's oil hub again 'just for fun'

Mar 16, 2026 - 10:00
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Crude prices top $100 as Trump says U.S. may hit Iran's oil hub again 'just for fun'
The U.S. strikes on Kharg Island and Trump's threat to hit Iran's oil infrastructure mark a major escalation in the war, according to JPMorgan.