Oil and Gasoline Prices Soar Amid the Conflict with Iran
March 09, 2026
March 09, 2026
WASHINGTON, March 9 [Category: Energy] -- The Institute for Energy Research posted the following commentary:
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Oil and Gasoline Prices Soar Amid the Conflict with Iran
Key Takeaways
1 Oil prices climbed above $100 a barrel on March 9 and reached levels not seen in four years as the conflict in Iran forced exporting nations in the Persian Gulf to cut production.
2 The effective closure of the Strait of Hormuz due to Iranian th . . .
* * *
Oil and Gasoline Prices Soar Amid the Conflict with Iran
Key Takeaways
1 Oil prices climbed above $100 a barrel on March 9 and reached levels not seen in four years as the conflict in Iran forced exporting nations in the Persian Gulf to cut production.
2 The effective closure of the Strait of Hormuz due to Iranian th . . .