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BlockBeats News, March 16th, according to the Financial Times, reported that Trump warned that if US allies do not assist in reopening the Strait of Hormuz, NATO will face a "very bad" future. "Those who benefit from the strait should help ensure that nothing bad happens there. Europe is highly dependent on oil from the Gulf region, unlike the United States. If there is no response, or the response is negative, I think the future of NATO will be very bad." When asked what kind of help he needed, Trump replied, "Any necessary help." He added that allies should send minesweepers, and Europe has far more minesweepers than the US. He hoped Europe would send commandos or other military forces to eliminate Iranians who cause "trouble" in the Gulf using drones and mines. Trump also warned that the US is prepared to launch new strikes against Iran's oil export hub, Kharg Island, and may target its oil infrastructure.

Golden Ten Data reported on March 16 that as oil prices surged, raising investor concerns about inflation and economic growth risks, the U.S. Treasury market has erased all gains made so far this year. A Bloomberg indicator tracking U.S. Treasury performance has turned negative for the year after falling 1.7% since the end of February. Stagflation fears have pushed yields higher, forcing Wall Street to lower its expectations for U.S. interest rate cuts over the next year. Morgan Stanley strategists, including Bradley Tian, stated: "Energy-driven inflation and policy uncertainty continue to put pressure on long-term U.S. Treasuries." Bonds in the United States, Japan, and Australia have all declined, and a global bond index has also erased its year-to-date gains. Bob Savage, Chief Market Macro Strategist at BNY Mellon, said: "Until the market gains confidence that the Iran conflict is stabilizing, geopolitical uncertainty and increased cross-asset volatility may persist in the short term."

Golden Ten Data reported on March 16 that oil prices surged more than 3% at Monday's opening after the United States launched an attack on Iran's main export hub. Brent crude futures, which have risen by more than 40% over the past two weeks, are currently trading near $105, while WTI crude futures are around $101. The U.S. bombing of Khark Island, which handles most of Iran's oil exports, over the weekend further expanded the scope of the conflict. According to Iran's Fars News Agency, exports from Khark Island are still proceeding normally. A senior aide to Trump stated that the Pentagon expects the Iran war to last four to six weeks. Over the weekend, Trump hinted that the conflict might be resolved through negotiations, but Iranian Foreign Minister Araghchi said Iran has not requested negotiations or a ceasefire.