Prices of oil and other commodities are expected to jump when trading resumes on Sunday, but how long they will stay high will depend on what the United States, Israel and Iran do next.
U.S. and Israeli War With Iran Will Likely Send Oil Prices Soaring
The New York Times – Business:
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Commodities, Defense and Military Forces, Futures and Options Trading, Iran, Israel, Natural Gas, Oil (Petroleum) and Gasoline, Organization of the Petroleum Exporting Countries, Prices (Fares, Fees and Rates), Production, Russian Invasion of Ukraine (2022), Ships and Shipping, Strait of Hormuz, Trump, Donald J, United States, United States Economy, United States International Relations, United States Politics and Government, US and Israeli Attack on Iran (2026), War and Armed Conflicts