Washington Examiner

Iran war oil crisis teaches a valuable lesson

Mar 16, 2026Center Right

After news broke of a U.S.-Israeli strike on the Islamic Republic of Iran, for many people the first question wasn’t about military strategy — it was about the price of gasoline. Indeed, oil futures surged after the strikes, but situations such as these provide a valuable lesson about the importance of energy abundance. Energy markets…

Read Full Story at Source

Compare coverage

4 related stories from other outlets

Democrats urge windfall tax as big oil set to make billions from Iran war

The Guardian

Mar 16, 2026

Good Match

Democrats urge windfall tax as big oil set to make billions from Iran war

Progressive and green groups join call for tax on major fossil-fuel companies to help offset rising living costsWith big oil companies poised to reap billions of dollars in profits from the war in Iran, Democratic lawmakers and progressive groups are calling for a windfall tax on major fossil fuel companies.The US-Israeli strikes on Iran have triggered the…

Center Left

Read →

Iran War: Iraq Exports Oil Via Turkey & Trump Gives Up On Hormuz Help | Daybreak Europe 3/18/2026

Bloomberg

Mar 16, 2026

Good Match

Iran War: Iraq Exports Oil Via Turkey & Trump Gives Up On Hormuz Help | Daybreak Europe 3/18/2026

On today's show, oil pares gains as Iraq resumes crude exports through Turkey, avoiding the Strait of Hormuz. The reopening of the Ceyhan pipeline follows a deal with the semi-autonomous region of Kurdistan. US President Donald Trump has given up on efforts to recruit partners to help secure the Strait of Hormuz and scolded allies who openly rejected his…

Center

Read →