Oil prices surge as Strait of Hormuz tanker disruptions rattle global supply
- Posted on March 2, 2026
- By Star Tribune
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Oil prices surge as Strait of Hormuz tanker disruptions rattle global supply

Oil prices rose sharply Monday as disruptions in tanker traffic through the Strait of Hormuz chokepoint raised uncertainty about how U.S. and Israeli attacks on Iran would affect supply to the world economy.