Most Asia-Pacific markets drop as Iran conflict rages on; oil prices rise

Oil prices continue to rise Iran's Revolutionary Guard says it has closed the Strait of Hormuz

# Most Asia-Pacific markets drop as Iran conflict rages on; oil prices rise Oil prices continue to rise Iran's Revolutionary Guard says it has closed the Strait of Hormuz **Read the full article:** [CNBC](https://www.cnbc.com/2026/03/03/asia-markets-live-iran-oil-trump-nikkei-kospi-hang-seng.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*