By Florence Tan SINGAPORE, March 16 (Reuters) - Oil prices extended gains on Monday as the U.S.-Israeli war against Iran entered a third week, putting oil infrastructure at risk and keeping the Strait of Hormuz shut in the biggest disruption to global supplies ever.

A popular oil fund pulled in $1 billion from investors in 9 days, while an ETF that tracks the S&P 500 shed $12.6 billion

There is no short-term fix for the quagmire in Iran and high oil prices. Add uncertainty about jobs and inflation and there might be a recession in the near future.

U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?

The worst global oil crisis in decades could become a major problem for the Federal Reserve, whose policymakers meet this week to determine the next moves for the US economy.

The move is likely to be a boon to Russia as the United States tries to stem the economic fallout from its war on Iran as the price of crude has soared.

The Trump administration invoked the Defense Production Act to restart offshore oil operations in California, a move aimed at boosting domestic supply but fiercely opposed by Gov. Gavin Newsom over environmental concerns.

Iran conflict drives oil toward $100. Here are 3 market indicators: credit spreads, financial conditions and recession odds, that investors should watch now.

The International Energy Agency said the closure of the Strait of Hormuz has triggered the largest disruption to global oil markets in history, with supply expected to fall by about 8 million barrels per day in March,

The targeting of oil infrastructure in the Middle East combined with the closure of the Strait of Hormuz will likely lead to even higher oil prices.

It's a domino effect that will spill over into tech's golden technology.