{"id":13990,"date":"2026-03-05T12:09:55","date_gmt":"2026-03-05T12:09:55","guid":{"rendered":"https:\/\/inernews.online\/?p=13990"},"modified":"2026-03-05T12:09:55","modified_gmt":"2026-03-05T12:09:55","slug":"how-will-the-middle-east-conflict-affect-global-energy-prices-business-and-economy","status":"publish","type":"post","link":"https:\/\/inernews.online\/?p=13990","title":{"rendered":"How will the Middle East conflict affect global energy prices? | Business and Economy"},"content":{"rendered":"


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Energy supplies in the Middle East are being chocked off as the conflict between the US, Israel and Iran escalates.<\/p>\n

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Iran is retaliating against Israeli and US attacks where it hurts the most: Energy.<\/p>\n

And the world is already feeling it at the pump.<\/p>\n

Tehran has disrupted shipping through the Strait of Hormuz \u2013 a narrow waterway through which a fifth of all global oil flows.<\/p>\n

It has also launched a series of counterstrikes across the Gulf, against oil and gas facilities.<\/p>\n

Any further disruption to that flow would cripple the world\u2019s largest importing economies \u2013 from East Asia to Europe.<\/p>\n

Oil and gas prices are climbing.<\/p>\n

That means higher fuel costs for cars, power plants and industry \u2013 rippling through the global economy.<\/p>\n<\/div>\n

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Published On 5 Mar 2026<\/span>5 Mar 2026<\/span><\/p>\n<\/div>\n

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