Energy Markets Daily | Week 12 Opens: Crude Fades $102 Spike

Week 12 Opens: Crude Fades $102 Spike

March 16, 2026 / 02:37

Monday, March 16, 2026. WTI spiked to $102.40 overnight, pulled back to $98.12. US strikes on Iran's Kharg Island. Strait of Hormuz still shut. Henry Hub at $3.11, consolidating above $3.00. Stay patient.

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