Oil Prices Surge as US-Iran Tensions Flare Again
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Part of composite article Diesel Hits Record $5.85 as Iran, Ukraine Wars Spark Global "Distillates Crisis" View full article →
Oil prices climbed for a second day on Tuesday after fresh military clashes between the United States and Iran raised fears of a wider conflict. The jump followed President Donald Trump’s threat to strike Tehran “hard,” ending weeks of relative calm in the region. Investors are now bracing for possible supply disruptions as the standoff intensifies. Follow our live blog for the latest updates.