business

Oil, gas prices jump as Trump flirts with striking Iranian oil infrastructure

Fox News
Tuesday, March 17, 2026 at 12:48 PM
Oil, gas prices jump as Trump flirts with striking Iranian oil infrastructure

President Donald Trump targets Iran's Kharg Island oil hub, which handles 90% of Iranian crude exports to China and India, raising fears of broader Persian Gulf supply disruptions.

President Donald Trump's suggestion that Iranian oil infrastructure could be a U.S. target sent oil and gasoline prices higher on Monday, as traders weighed the risk of a deeper confrontation that co… [+3958 chars]
Language

eng

Source

Fox News

Category

business

Added

5d ago