A Middle East conflict entered its fourth day on March 3, 2026, and is driving sharp gains in oil and liquefied natural gas while European equities opened in the red. Market participants cited risks to shipping through the Strait of Hormuz as a key driver of the energy price move.  

U.S. President Donald Trump warned the confrontation “may last weeks,” underscoring concerns about sustained disruption to regional flows. Oil and LNG markets continued to rally as traders reassessed supply risks linked to the waterway.  

European stock markets opened lower on the session, reflecting a risk-off response to the escalation and to heightened uncertainty over energy supplies and freight routes. #Oil #LNG #EuropeStocks #StraitOfHormuz #FiatNews