Oil prices surge 20% as expanding US-Israeli war with Iran cuts supplies from Mideast

Fears of prolonged disruption to shipping through the Strait of Hormuz are driving prices higher, with analysts predicting further output reductions and sustained elevated fuel costs globally.

Mar 10, 2026 - 02:30
 0
Oil prices surge 20% as expanding US-Israeli war with Iran cuts supplies from Mideast
Fears of prolonged disruption to shipping through the Strait of Hormuz are driving prices higher, with analysts predicting further output reductions and sustained elevated fuel costs globally.

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