LOADING ERROR LOADINGNEW YORK (AP) — Oil prices rose sharply when market trading began Sunday, as U.S. and Israeli attacks on Iran and retaliatory strikes against Israel and U.S. military installations around the Gulf sent disruptions through the global energy supply chain. Traders were betting the supply of oil from Iran and elsewhere in the Middle East would slow or grind to a halt. That would likely result in higher prices for crude oil and gasoline, according to energy experts. Further disruptions to that shipping channel could lead to lower supply and higher prices for oil. That would likely result in higher prices for crude oil and gasoline, according to energy experts.

Source: Huffington Post March 02, 2026 15:08 UTC