Shipping Under Fire as Iran War Pushes Gas Prices Past $4

1 min read
Source: CBS News
Shipping Under Fire as Iran War Pushes Gas Prices Past $4
Photo: CBS News
TL;DR Summary

Escalating U.S.-led conflict with Iran includes drone strikes on ships and reports of strikes on Isfahan, a desalination plant outage, and damage to a Kuwaiti tanker near Dubai, fueling concern over oil supplies as U.S. gasoline prices rise above $4 per gallon; Trump signals ambivalence about reopening the Strait of Hormuz while Gulf allies and European partners debate ongoing involvement amid wider regional tensions including Lebanon.

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