Israel-Hamas War Likely to Spark Oil Price 'Volatility'

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Oil prices are expected to surge if the war between Israel and Hamas continues to escalate, and energy costs could skyrocket if Iran officially enters the fray, experts warn.

Israel is not a major oil producer; however, the current conflict is playing out in one of the biggest oil-producing regions in the world — something that could have a direct impact on the cost of gas for Americans in the days, weeks, and months ahead.

Receive Unlimited Access to ALL Newsmax Platinum Reports! By becoming an exclusive Newsmax Platinum member, you receive:Sign Up for Platinum AccessLogin Marisa Herman ✉ Marisa Herman, a Newsmax senior reporter, focuses on major and investigative stories. A University of Florida graduate, she has more than a decade of experience as a reporter for newspapers, magazines, and websites.

Source: Energy Industry News (energyindustrynews.net)

 

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