Wartime Oil Prices Cause Turbulence for Flights: When Will US Feel the Pinch?

Oil Prices Rise With No Sign Of An End To Iran War

The Brent benchmark was poised for a 5.8% gain over the week.

Oil prices rise again with little sign of war on Iran ending

Brent crude futures hit $126.41 on Thursday – a 5 percent rise for the week.

Wartime oil prices cause turbulence for flights: When will US feel the pinch?

The closure of the Strait of Hormuz and surging oil prices amid the conflict in Iran are causing turbulence for airlines and Americans’ travel plans. Oil prices have skyrocketed since the war began, and futures of international benchmark Brent crude were about $114 per barrel on Thursday. The high cost of oil, as well as the strait’s…

Oil prices rise again with no sign of end to Iran war

Oil prices rose today as efforts to resolve the Iran war remained at an impasse, with Tehran still blocking the Strait of Hormuz and the US Navy blocking exports of Iranian crude.