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Oil prices rise as the US and Iran trade threats Business InsiderOil prices rise after Trump issues ultimatum and Iran threatens to close the Strait of Hormuz indefinitely CNNOil prices volatile after Trump's Strait of Hormuz threat AxiosCrude oil's Catch-22: Pricing for Trump TACO trade makes it less likely Reuters
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Traders Brace for Turbulent Open as War Rages On: Markets Wrap Bloomberg.comAsian stock markets plunge amid Trump's ultimatum on Iran Al JazeeraStock markets rocked by Trump's Iran ultimatum, as UK economy faces growth hit - business live The GuardianStocks Tumble as Oil Prices Rise The New York Times
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Investors braced for a fourth week of market turmoil caused by the war in the Middle East
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Natural gas prices in Texas are negative and producers burn it off while shortages loom elsewhere FortuneView Full Coverage on Google News
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The 60-day moratorium represents the first state move to stanch rising pump prices as the war in Iran continues to throttle Middle East oil supplies.
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Anxiety has pulsed through the small-business economy for months, even before the war in Iran began weighing on energy prices.
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Attacks on oil and natural gas facilities this week could make it much harder for Persian Gulf countries to rebuild and restart production when the war eventually end.
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Because of greater exposure to disruptions in the Middle East, such as high natural gas prices, businesses and consumers outside the U.S. are being hit harder by the war in Iran.
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