The war in the Middle East has sent oil and gas prices soaring. Our energy reporter Rebecca F. Elliott breaks down how much the world continues to depend on reliable sources of oil.
President Trump made lowering gas prices the centerpiece of his affordability agenda. He now faces the political perils of the war with Iran, as Middle East energy infrastructure is disrupted.
Iran War Causes Biggest-Ever Oil Market Disruption, IEA Says Bloomberg.comLive updates: Oil price spikes again as Iran ship attacks surge NBC NewsOil reserves, tariff investigations, airline fuel prices and more in Morning Squawk CNBCThe world just smashed the emergency glass on oil prices. Now it's up to Trump for a long-term fix CNN
Trump administration releasing 172 million barrels of oil from strategic reserve as Iran war causes soaring prices CBS NewsExclusive | President Trump's Head-Spinning Pivot on an Emergency Oil Release WSJWhy Oil Prices Surged Even After the Release of Strategic Reserves The New York TimesIEA agrees to release record 400 million barrels of oil to address Iran war supply disruption CNBC
