How high can oil and gas prices go because of the Iran war? Here are the scenarios
Oil prices could move higher still if Iran targets Persian Gulf energy infrastructure and the Strait of Hormuz closure is prolonged.
Last updated: 2026-03-02 21:48:58 ET
Oil prices could move higher still if Iran targets Persian Gulf energy infrastructure and the Strait of Hormuz closure is prolonged.
Oil and gas prices have jumped, but not as high as one might expect.
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