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How the war on Iran is driving up gas and oil prices
The Iran war is restricting shipments of Saudi and Iraqi oil through the crucial Strait of Hormuz. That's raising prices on gas and other items.
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huffpost.com
Oil Prices Surge 20% As Expanding U.S.-Israeli War With Iran Cuts Supplies From Mideast
Oil prices surged about 20%, hitting their highest since July 2022.
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Oil Prices Surge To Highest Since 2022 At Over $119 A Barrel On Iran War
The Strait of Hormuz, through which roughly one-fifth of the world's oil and liquefied natural gas typically passes, is virtually shut.
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aljazeera.com
US consumers express dismay over rising gas prices after attack on Iran
Oil prices have shot up as the war snarls transportation and production in one of the most energy-rich regions on earth.
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Iran War Delivers Another Shock To The Global Economy
The conflict is driving up energy prices; threatening food shortages in poor countries; and complicating options for the inflation fighters at central banks.
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cnbc.com
How Strait of Hormuz closure can become tipping point for global economy
A Strait of Hormuz closure due to U.S.-Iran war hit the oil market hard, but sectors reliant on shipping across economy from metals to farming are vulnerable.
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usatoday.com
How the war on Iran is driving up gas and oil prices
The Iran war is restricting shipments of Saudi and Iraqi oil through the crucial Strait of Hormuz. That's raising prices on gas and other items.
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bbc.com
How Iran war laid bare the world's reliance on Gulf oil and gas
Countries around the world are feeling the impact of the conflict and the resulting energy price shock.
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Higher prices are here. Companies add surcharges amid Mideast turmoil
Middle East fighting has led to higher oil prices, causing companies to add fuel surcharges that will impact consumers.
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Oil stays above $100 a barrel amid Iran’s stranglehold on Strait of Hormuz
Energy markets remain on tenterhooks as the prospect of prolonged war in the Middle East grows.
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How the Iran war could start to impact U.S. retail prices
The retail industry could soon be taking the next hit from the Iran war's disruption to the global supply chain.
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axios.com
Brace for higher ticket prices due to Iran war
Jet fuel costs — which account for about 30% of airline expenses, according to Deutsche Bank — have spiked since the Iran war began.