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NewsDesk MC May 6, 2026May 6, 2026 AAA data, commodity markets, crude oil prices, energy crisis, energy economics, fuel costs US, fuel taxation US, geopolitical risk premium, inflation pressure, International Energy Agency, Iran war, oil chokepoints, oil exports blockade, oil market disruption, refinery costs, S&P Global Energy, Strait of Hormuz, tanker disruptions, US gasoline prices, US policy Iran

US Gasoline Prices Surge 50% as Iran War Disrupts Global Oil Flows

New York— US gasoline prices have risen 50 percent since the onset of the Iran war, with the national average

Latest Middle East and North Africa News Top Stories

NewsDesk MC April 20, 2026April 20, 2026 asian energy demand, conflict impact, crude exports, emergency reserves, energy economics, energy recovery timeline, energy security, Fatih Birol, fuel supply gap, geopolitical risk, global energy markets, global trade routes, iea outlook, maritime chokepoints, market instability, Middle East energy, oil logistics, oil price volatility, oil shortages, oil supply disruption, production recovery, Strait of Hormuz crisis, strategic reserves, supply chain shock, tanker disruptions

Energy Shock Fallout May Linger as MidEast Output Recovery Seen Stretching Two Years

Zurich — Global energy markets could take about two years to recover output losses caused by the Middle East conflict,