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What the US–Israeli strikes on Iran mean for the price of oil

Mar 1, 2026Center Left

A halt on trade flows through the strait of Hormuz could spell trouble for many developed economiesUS-Israel war on Iran – latest updatesThe US-Israeli war on Iran has ignited fears that escalating military aggression in the Middle East could send oil prices soaring, push up prices at the pump and drive a global economic downturn.The US began “major combat…

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Oil price concerns grow following US-Israeli strikes on Iran

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Mar 1, 2026

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Oil price concerns grow following US-Israeli strikes on Iran

As Iran retaliates with strikes of its own, the attacks now risk disrupting a major oil supply that could trickle down to what Americans pay at the pump.

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U.S. and Israeli War With Iran Will Likely Send Oil Prices Soaring

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Mar 1, 2026

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U.S. and Israeli War With Iran Will Likely Send Oil Prices Soaring

Prices of oil and other commodities are expected to jump when trading resumes on Sunday, but how long they will stay high will depend on what the United States, Israel and Iran do next.

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Oil and gas prices soar after Iran strikes

Washington Examiner

Mar 2, 2026

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Oil and gas prices soar after Iran strikes

Oil and gas prices soared on Monday after the United States and Israel carried out strikes on Iran over the weekend that killed Iran’s supreme leader and other top officials. The strikes prompted the Islamic Revolutionary Guard Corps to effectively close the Strait of Hormuz to maritime vessels, shutting down a key global route for…

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China Condemns ‘Unacceptable’ US, Israeli Strikes on Iran

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Mar 1, 2026

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China Condemns ‘Unacceptable’ US, Israeli Strikes on Iran

China criticized the US and Israeli military action against Iran, warning that it risks plunging the Middle East into deeper instability and undermining international law.

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US-Israeli strikes on Iran result in Khamenei’s death: Five things to know

The Hill

Mar 1, 2026

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US-Israeli strikes on Iran result in Khamenei’s death: Five things to know

Iran now stands without its supreme leader for 36 years, Ayatollah Ali Khamenei, after joint strikes from the U.S. and Israel on Saturday killed him and attacked military command posts and missile sites across the country. President Trump announced the strikes at 2:30 a.m. EST in a video shared on Truth Social. The mission, dubbed…

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