Oil hovers around $100, stocks mixed as Iran war rages

Luojiashan tanker sits anchored in Muscat, amid the US-Israeli war with Iran, in Muscat, Oman, March 7, 2026. — ReutersBids underway to ensure safe passage via Strait of Hormuz.Donald Trump wants nations to secure Strait of Hormuz.Equity markets remain under pressure due to the war.