Oil prices spiked after shipments through the Strait of Hormuz were disrupted amid the Iran war.

Iran-Israel war LIVE: Follow the latest updates on the West Asia conflict, on March 10, 2026

The oil price reached nearly $120 a barrel on Monday over fears of lengthy disruption to supplies.

Oil prices spiked after shipments through the Strait of Hormuz were disrupted amid the Iran war.

Vessels would be sitting ducks if foreign naval forces attempted to reopen the waterway before a cessation of hostilities, experts say.

Outcomes depend on how quickly oil tankers can return to the Strait of Hormuz, experts said.