Tracking oil prices and US gas prices amid Iran conflict
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The Strait of Hormuz is the narrowest point in the Persian Gulf and a vital link for oil shipments. See how wide it is and where takers have been hit.
The escalating U.S.–Israeli war with Iran and Tehran’s retaliation against Gulf neighbours have severely disrupted Middle Eastern energy infrastructure and global oil and gas flows. Israeli strikes on Iran’s South Pars gas field and the Asaluyeh processing hub on March 18 triggered a wave of retaliatory attacks across the Gulf that hit refineries,