US EditionHow conflict in Iran could impact gas prices
Strikes by the U.S. and Israel on Iran prompted a rise in gasoline prices due to fears of supply disruption and geopolitical risk, impacting fuel markets.
10 Articles
10 Articles
After Israel and the US attacked Iran, the economy is in turmoil. What impact does the war in the Middle East have on us?
Because of the military conflict between the United States, Israel and Iran, Qatar has suspended the production of liquefied natural gas (LNG) and Iran has closed the passage through the Strait of Ormuz, which runs 20% of the world's oil and LNG, and Russia's President Vladimir Putin has proposed not to wait for the EU to abandon Russian gas and stop the supply itself.
The escalation of tension in the Middle East, with the US, Israel and Iran as protagonists, not only occupies international headlines. It can also have direct consequences in something much closer: our pocket. Even if the conflict takes place thousands of kilometers away, [...] Entry The War in Iran: so it can affect your pocket with increases in gasoline, light and gas was first published on Chain Dial.
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