American Action Forum Issues Commentary: Global Oil Market Implications of U.S.-Israel Attack on Iran
March 03, 2026
March 03, 2026
WASHINGTON, March 3 -- The American Action Forum issued the following commentary on March 2, 2026, by Shuting Pomerleau, director of energy and environmental policy:
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Global Oil Market Implications of U.S.-Israel Attack on Iran
Executive Summary
* The U.S.-Israel attacks on Iran and the subsequent Iranian retaliatory strikes have triggered a de facto closure of the Strait of Hormuz--a major oil chokepoint for 20 percent of global petroleum . . .
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Global Oil Market Implications of U.S.-Israel Attack on Iran
Executive Summary
* The U.S.-Israel attacks on Iran and the subsequent Iranian retaliatory strikes have triggered a de facto closure of the Strait of Hormuz--a major oil chokepoint for 20 percent of global petroleum . . .