Gas Prices Surge as US–Israel War With Iran Rattles Global Oil Markets
On Monday, the U.S.–Israel war with Iran pushed oil prices to their highest level since July 2022. Since the war...

On Monday, the U.S.–Israel war with Iran pushed oil prices to their highest level since July 2022. Since the war...
President Trump says surging oil prices are a short-term problem and a worthwhile sacrifice as the war in Iran causes supply concerns in energy markets.
Helping to assuage investors' fears, U.S. President Donald Trump told CBS News he thinks “the war is very complete, pretty much.”
Oil prices and stocks initially swung wildly, and Iran’s foreign minister promised “surprises,” calling the strikes against his country “Operation Epic Mistake.”
Halt to Black Sea crude shipments offset benefits of soaring prices last week, but they’re coming
Oil prices dipped on Monday after President Trump signaled that the conflict in Iran could come to a close soon. Trump, on Monday, told CBS News that the war in Iran was “very complete, pretty much.” In the aftermath, prices of international benchmark Brent crude dipped below $90 per barrel. On Tuesday morning, it was…
US stocks turned green Tuesday as oil prices declined at a drastic pace on hopes the war in Iran could be limited – though the drop slowed after the Trump administration backtracked on claims an oil tanker had been escorted through an Iranian energy chokepoint.