Samsung Warns Oil Shock From Iran War Could Raise Production Cost
Oil markets are in turmoil in March 2026, and big tech companies are starting to feel the effects. Since the U.S.-Iran war disrupted shipping through the Strait of Hormuz, a passage that carries about 20 % of the world’s oil, prices have surged sharply, at times topping $100 per barrel. This sudden rise isn’t just bad…