Crude oil costs close to $100 a barrel because traders are worried hostilities could soon restart and the world is burning through its emergency stockpiles.
Oil Is Flowing From the Persian Gulf, but Prices Remain High. Why?
The New York Times – Business:
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China, Diesel Power, Energy and Power, International Trade and World Market, Iran, Israel, Oil (Petroleum) and Gasoline, Persian Gulf, Prices (Fares, Fees and Rates), Ships and Shipping, Stockpiling, Trump, Donald J, United States, United States Politics and Government, US and Israeli Attack on Iran (2026)