Oil surges amid Iran conflict — how high will gas prices go?

Source: The Hill News · Bias: Center

Summary

The conflict in Iran is causing a massive disruption in the global oil supply and sending energy prices skyrocketing. It’s unclear how long the disruption will last — and therefore how long the markets will be squeezed and how high prices will ultimately go. “The absolute disruption of flows through the Strait of Hormuz is…

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Oil surges amid Iran conflict — how high will gas prices go?
The Hill News

Oil surges amid Iran conflict — how high will gas prices go?

Center

The conflict in Iran is causing a massive disruption in the global oil supply and sending energy prices skyrocketing. It’s unclear how long the disruption will last — and therefore how long the markets will be squeezed and how high prices will ultimately go. “The absolute disruption of flows through the Strait of Hormuz is…