top of page

How the Iran war triggered a spike in global oil prices

Wana, LSEG, European Union, Dado Ruvic/Reuters

12 March 2026 at 13:46:35


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?

bottom of page