Iran, Israel and Oil Prices
Digest more
Top News
Overview
Event details
New Jersey gas prices inched up over the past week as hostilities between Israel and Iran rattle global oil markets and push up petroleum costs.
A sustained rise in the price of crude oil, which jumped sharply after Israel attacked Iran, could hurt consumers and President Trump’s efforts to bring down energy costs.
Israel’s stunning attacks on Iran’s nuclear program and military leadership are embroiling the Middle East in another deadly war — and could imperil President Donald Trump’s pledge to slash oil prices for American consumers.
Israel’s blistering attack with warplanes and drones against Iran’s nuclear and military structure has sparked an open conflict between the two long-time foes that threatens to spiral into a wider, more dangerous regional war.