Gas prices have spiked in the U.S. as oil has jumped to over $90 since the war began in Iran.

Gas prices have spiked in the U.S. as oil has jumped to over $90 since the war began in Iran.

Chris Wright says price increase would last weeks, not months, and that US would not target Iran’s energy industry

The oil price reached nearly $120 a barrel on Monday over fears of lengthy disruption to supplies.

Oil prices have shot up as the war snarls transportation and production in one of the most energy-rich regions on earth.