Oil and Gas Prices Surge After Iran Halts Traffic Through Key Global Shipping Route

Oil and Gas Prices Surge After Iran Halts Traffic Through Key Global Shipping Route https://ift.tt/G5URLS8 The ongoing conflict in the Middle East is shaking the global economy as a major oil shipping route remains shut down. Uncertainty over oil supplies is already pushing gas prices higher – and economists warn the ripple effects could spread much further.