Oil prices are down, and stocks are up Monday, though such moves have been quick to reverse since the war in Iran began.
One analyst predicting that prices at the pump might hit $3.85 per gallon on Monday as war enters third weekSign up for the Breaking News US email to get newsletter alerts in your inboxUS oil prices could see another day of wild fluctuation as the US-Israel campaign against Iran extends into a third week, with one analyst predicting that prices at the pump…
Energy Secretary Chris Wright said the Strait of Hormuz, a critical passageway for oil shipments, remained unsafe for tanker passage. Iran has been firing projectiles and laying mines.
Depending upon the timing and the manner in which this conflict comes to an end, we're going to see some elevated pricing until we get there'
Oil prices swung sharply throughout the past week as traders reacted to the escalating conflict with Iran, briefly surging to around $120 per barrel before retreating and then climbing again as concerns about shipping through the Strait of Hormuz continued to toss global energy markets. The volatility reflects fears that fighting in the Middle East…
Travelers could soon see flight tickets for this summer jump by as much as $100 as a key oil chokepoint amid the war in Iran sends jet fuel prices sky-high, The Post has learned.
