Oil prices surge as Middle East tensions mount despite Jones Act pause
TL;DR
Oil prices climbed toward $110 a barrel as Israel and Iran threatened more attacks on petroleum facilities, with gas averaging about $3.84 a gallon nationally—roughly 32% higher than a month earlier—despite President Trump’s suspension of the Jones Act intended to ease shipping.
- Oil prices climb again after strikes in crucial Iranian gas field The Washington Post
- Iran threatens to strike Gulf energy facilities after South Pars attack Al Jazeera
- For Iranians, Bombing of Gas Field Worsens Already Dire Energy Crisis The New York Times
- Israel strikes Iran natural gas facility in coordination with U.S. Axios
- Qatar orders departure of two Iranian diplomats over gas facility attack The Times of Israel
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