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Wana, LSEG, European Union, Dado Ruvic/Reuters

How the Iran war triggered a spike in global oil prices

Attacks on key Middle East oil infrastructure are rattling global markets. Shipping through the Strait of Hormuz — a vital energy route — has been disrupted. What could this mean for fuel prices worldwide?

Wana, LSEG, European Union, Dado Ruvic/Reuters

11 March 2026


Attacks on key Middle East oil infrastructure are rattling global markets. Shipping through the Strait of Hormuz — a vital energy route — has been disrupted. What could this mean for fuel prices worldwide?

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