Sign In
Free Newsletter
Oil prices soar 6% to highest since 2024 as Middle East conflict widens
Oil prices surged about 6% to the highest since 2024 amid widening U.S.-Israel-Iran conflict disrupting Middle East energy shipments and production cuts.
Iran conflict disrupts global shipping as tankers are stranded, damaged
The Iran conflict has disrupted shipping in the Strait of Hormuz, damaging tankers, killing crew members, and causing insurers to cancel war risk coverage.
Oil and gas surge as Iran war disrupts Middle Eastern output
Oil and gas prices surged due to Israeli and U.S. strikes on Iran, causing shutdowns and shipping disruptions in the Middle East, impacting global markets and inflation.
Oil prices hit six-month high amid US-IRAN tensions and Middle East military activity
Oil prices rose nearly 2% to six-month highs as US-Iran tensions escalate with increased military activity in the Middle East and geopolitical concerns.
