How The Iran War Is Hurting California’s Struggling Oil Market
April 14, 2026
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3:52Now PlayingHow The Iran War Is Hurting California’s Struggling Oil Market
YouTube Description
as posted by the channelGlobal energy prices are rising as traffic through the Strait of Hormuz remains more than 90% below pre-war levels. While the U.S. remains insulated to a certain extent, domestic prices are also moving higher – especially in California. Almost 75% of California's crude oil is imported from abroad according to the California Energy Commission. Pippa Stevens breaks down what the Iran war means for California's energy economy.
Produced and Additional Editing by: Devan Burris
Reporter: Pippa Stevens
Edited by: Andrea Miller
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty
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How The Iran War Is Hurting California’s Struggling Oil Market
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