NewsAsia-Pacific markets extend losses as Iran conflict rages on; oil prices rise Posted on March 3, 2026 by budd87309@gmail.com Oil prices continue to rise Iran’s Revolutionary Guard says it has closed the Strait of Hormuz, budd87309@gmail.com Melania Trump presides over U.N. Security Council meeting as U.S. continues Iran strikes – CBS News South Korea defense stocks soar with heavyweight Hanwha Aerospace surging 22% as traders react to Iran war