Oil Price Hits Wartime High Above $120 a Barrel as Iran War Standoff Continues
Oil Touches $120 as Iran Tensions Rise. The World Has Seen This Before. It Came Down.
What Happened
Oil prices have surpassed $120 per barrel, a level described as a "wartime high," amid an ongoing military or diplomatic standoff involving Iran. The elevated price reflects market anxiety about potential disruptions to Middle Eastern oil supply, a region responsible for a significant share of gl...
What's In Your Control
Whether you panic-fill your gas tank today (unnecessary). Whether you review your household energy budget and adjust spending elsewhere. Whether you use this moment to reconsider fuel-heavy habits ...