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Oil Prices Surge as Fighting in Middle East Escalates

The New York Times – On the Runway:

The cost of crude oil hit its highest levels in months, as investors worried about diminishing oil supplies after reports that the Iranian-backed Houthi militia had captured a port city in Yemen.

Gregory Schmidt and Jenny Gross
Author: Gregory Schmidt and Jenny Gross

This post first appeared in The New York Times – On the Runway. Read the original article.

Written by

Gregory Schmidt and Jenny Gross

in

Iran-Israel Proxy Conflict, Middle East, Oil (Petroleum) and Gasoline, Prices (Fares, Fees and Rates), Stocks and Bonds, US and Israeli Attack on Iran (2026)
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Oil Prices Trade Above $100 A Barrel For The First Time In Months→

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