Oil Prices Surge Due To Iran War: Energy Expert Explains Global Supply

Описание: Oil prices continue to climb as the war with Iran hits the one-week mark. Global crude prices have surged past $100 a barrel after strikes on Iran disrupted energy supplies and shipping routes in the region, raising concerns about higher gas prices in the U.S. The effects could be wide-ranging, everything from shipping to air travel will likely get more expensive. Ed Hirs, energy economist and energy fellow at the University of Houston, discusses what’s really driving this spike in oil prices and what it could mean for consumers.

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