Energy markets offer ‘relatively small reaction’ to Iran war, but prices could spike if oil and gas aren’t flowing by the end of the week Date: March 2, 2026

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A joint U.S. and Israeli attack on Iran killed its supreme leader and ignited wider regional conflict, yet crude oil prices rose by a relatively muted ~6% on March 2.

The U.S. and Israel attacked Iran, killing its supreme leader and launching a regional war as Iran and its proxies retaliated against its neighbors, but crude oil prices spiked by only a relatively muted 6% on March 2...

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Energy markets offer ‘relatively small reaction’ to Iran war, but prices could spike if oil and gas aren’t flowing by the end of the week Date: March 2, 2026

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