Sky News
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Global oil prices rise sharply after Iran's response to US and Israeli airstrikes
Posted
March 2, 2026
Views
7,981
Likes
68
Comments
42
Engagement
1.38%
March 2, 2026
7,981
68
42
1.38%
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4:29Now PlayingOil prices have risen by at least 9% so far as conflict escalates in the Middle East - the world's foremost oil-producing region and a major centre for maritime trade.
The Strait of Hormuz, a global "choke point" controlled by Iran, handles a fifth of the world's oil trade and Sky's Ed Conway says "right now, not many ships are passing through it."
#skynews #iran #israel #usa #trump #oilprice
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