Iran conflict drives sharp rise in global oil prices

oil prices Iran nuclear ambitions Gulf security gasoline prices geopolitical conflict

Global oil prices have risen sharply following the war launched in late February by US President Donald Trump and Israel against Iran.

Tehran has engaged in retaliatory actions targeting Washington's allies in the Gulf, which has significantly impacted energy markets and contributed to high gasoline prices.

Entities

Donald Trump · Iran · Israel · United States

Sources

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