“I don’t know how anybody can be surprised. When you have a major conflict in the Middle East, prices always go up,” Sen. John Kennedy (R-La.) said.

US Secretary of Energy Chris Wright argued that disruptions would be short-lived. 'Worst case, that's a few weeks. That's not months,' the US energy secretary told CNN. Oil and…

A shock to oil supplies is rattling financial markets, driving up prices at the pump and raising fears of a bigger economic hit.