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NewsDesk MC May 6, 2026May 6, 2026 AAA data, commodity markets, crude oil prices, energy crisis, energy economics, fuel costs US, fuel taxation US, geopolitical risk premium, inflation pressure, International Energy Agency, Iran war, oil chokepoints, oil exports blockade, oil market disruption, refinery costs, S&P Global Energy, Strait of Hormuz, tanker disruptions, US gasoline prices, US policy Iran

US Gasoline Prices Surge 50% as Iran War Disrupts Global Oil Flows

New York— US gasoline prices have risen 50 percent since the onset of the Iran war, with the national average

Latest Middle East and North Africa News

NewsDesk MC March 22, 2026March 22, 2026 Ali Mousavi, diplomatic tensions, donald trump, energy markets, geopolitical tension, global oil supply, global trade disruption, Gulf region, International Maritime Organization, iran, israel, LNG trade, maritime security, Middle East conflict, naval security, oil chokepoints, sanctions risk, shipping routes, Strait of Hormuz, tanker traffic, united states

Hormuz transit restricted for ‘enemy-linked’ vessels, Iran says amid rising tensions

Dubai— Iran said the Strait of Hormuz remains open to international shipping except for vessels linked to what it described