Oil

Americans weigh in on the Iran war, gas prices, their fears

Reuters spoke with 16 people across Indiana, New York, California, Georgia, and Colorado to understand how they are processing the war amid rapid news cycles and a fractured political landscape.

People wave Iranian flags and signs condemning the war on Iran as they march past the Eisenhower Executive Building during a protest in Washington, DC, on February 28, 2026.
 A map showing the Strait of Hormuz and Iran is seen in this illustration taken June 22, 2025.

US says Iran lost track of mine locations spread in Strait of Hormuz, complicating reopening - NYT

Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the US-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026.

Iran-linked ships drive traffic through Strait of Hormuz, ship tracking data shows

An illustration of rising prices following US-Iran conflict.

US consumer inflation expected to have surged in March amid Iran war


Oil surges past $100 amid Iran conflict as G7 weighs emergency reserve release

Oil barrels and several hundred dollars; Illustrative.

Trump advisers pushing to find Iran off-ramp as oil prices, political backlash risk rise - report

Trump considers ending the US military campaign in Iran sooner due to rising oil prices and political pressure, despite military success.

US President Donald Trump takes a question as he speaks during a press conference at Trump National Doral Miami in Miami, Florida, March 9, 2026.

Lindsey Graham urges Israel not to strike Iranian oil depots, calls on Saudi Arabia to fight

In a post on X on Sunday, Graham praised Israel for its role in the war before adding that “there will be a day soon that the Iranian people will be in charge of their own fate."

Senator Lindsey Graham holding a "Make Iran Great Again" hat during a speech at the David Kempinski hotel in Tel Aviv, February 16, 2026.

Araghchi: Iran no longer willing to negotiate with US, shifts blame on destabilized oil production

Araghchi also added that Iran's attacks through the Middle East were "the consequence of the US aggression against us."

Iran's Foreign Minister Abbas Araghchi addresses a special session of the Conference on Disarmament at the United Nations, aside of US-Iran talks in Geneva, Switzerland, February 17, 2026

Trump reviews options to curb energy prices as Iran strikes roil markets

Options include a joint release of crude oil from strategic reserves, restricting US exports, intervening in oil futures markets, waiving some federal taxes, and lifting the Jones Act requirements.

US President Donald Trump speaks to members of the media traveling on Air Force One while heading to Miami on March 7, 2026.

Airline shares battered, airfares surge as Iran war pushes oil above $100

Some jet fuel prices have doubled since the start of the conflict, with a growing risk of widespread aircraft groundings due to a potential drop in travel.

An Emirates Airbus A380 passenger aircraft prepares for landing at Dubai International Airport in Dubai on March 8, 2026.

Lessons from Iran: Decentralized, renewable energy vital for Israel’s defense, expert tells 'Post'

“Once every small city has its own plan or facility, not only for renewable energy, it becomes far more difficult for a single strike to collapse the system,” he said.

Smoke continues to rise after a reported strike on fuel tanks in an oil refinery, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 8, 2026.

US surprised by scope of Israel's attacks on Tehran fuel depots, warns strikes could backfire

The US expressed surprise at the scale of Israeli strikes on Iranian oil depots, warning that targeting critical infrastructure could backfire.

People walk as smoke rises in the background after a reported strike on Shahran fuel tanks, in Tehran, Iran, March 8, 2026

Oil prices spike as Asian markets tumble on Hormuz fears

As South Korean and Japanese stocks plummeted due to concerns about supply disruptions in the Strait of Hormuz, Brent crude surged 26% to $116 per barrel on Monday.

A sharp spike in oil prices rattled equities and revived fears of a renewed global inflation wave.

Iranian debris damages UAE petrol facility, drones damage Bahraini residences, injures 32 civilians

Iraq, Saudi Arabia, Kuwait, and Qatar also came under attack, as Oman's Muscat airport limited private jet flights into the Gulf State's capital.

Fire and smoke rise in the Fujairah Oil Industry Zone, caused by debris after interception of a drone by air defenses, UAE, March 4, 2026; illustrative.