Oil and Gas

What does the widening military conflict in Iran mean for oil prices? Here’s what the experts say.

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What does the widening military conflict in Iran mean for oil prices? Here's what the experts say.

The U.S. military strikes in Iran are raising questions about the impact on the oil and gas industry, including whether the widening conflict could result in higher energy prices for Americans.  Oil prices jumped 4% on Sunday night shortly after the start of trading, but retreated as experts speculated that Iran is unlikely to close … Read more

Strait of Hormuz could be vulnerable to Iran retaliation. Here’s what to know about the vital oil trade route.

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Strait of Hormuz could be vulnerable to Iran retaliation. Here's what to know about the vital oil trade route.

The United States launched military strikes on three Iranian nuclear facilities Sunday morning local time, an action President Trump said aimed to neutralize a threat “posed by the world’s number one state sponsor of terror.” It was widely seen as a turning point in America’s involvement in the ongoing Middle East conflicts as the first … Read more