Global energy prices soar as Iran crisis disrupts shipping, oil and gas production

Hormuz shut for fourth day, five tankers hit US gasoline prices rise above $3/gallon Bessent, Wright to announce US plans to mitigate oil spike Iraq cuts oil production Saudi Aramco seeks alternative routes Global oil and gas prices jumped on Tuesday as the U.S.-Israeli war on Iran halted energy exports from the Middle East, with… Source


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Economics
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