Oil markets are reacting to tensions between the U.S. and Iran with a 5% bump in per-barrel price. If the conflict escalates, it could send U.S. gasoline prices higher, because Iran is a major oil producer and controls a global supply chain chokepoint. Large and long-lasting price spikes, however, are unlikely, oil market analysts told … Čítať ďalej You’re about to pay more for gas. Conflict with Iran is just one driver
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You’re about to pay more for gas. Conflict with Iran is just one driver
Oil markets are reacting to tensions between the U.S. and Iran with a 5% bump in per-barrel price. If the conflict escalates, it could send U.S. gasoline prices higher, because Iran is a major oil producer and controls a global supply chain chokepoint. Large and long-lasting price spikes, however, are unlikely, oil market analysts told … Čítať ďalej You’re about to pay more for gas. Conflict with Iran is just one driver