#OilPricesRise The core driver: the Iran war
Everything comes back to one factor. The ongoing U.S.-Israeli military conflict with Iran, now approaching six weeks, has severely disrupted the flow of crude through the Strait of Hormuz, one of the world's most critical oil shipping chokepoints. President Trump escalated rhetoric this week, stating publicly that attacks on Iran would be intensified over the next two to three weeks, sending markets into a sharp repricing.
Where prices stand right nowotential relief on the horizon
There was one note of cautious optimism Friday. Reports emerged that