U.S. oil prices top $100 as Trump administration threatens strikes on Iran's crude export facilities

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.

# U.S. oil prices top $100 as Trump administration threatens strikes on Iran's crude export facilities 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. **Read the full article:** [CNBC](https://www.cnbc.com/2026/03/15/oil-prices-today-iran-war.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*