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Oil shock triggers global price spikes as Iran war drags on

Al Jazeera English Al Jazeera English April 2, 2026 at 9:04 PM

play Live Sign upShow navigation menuplay Live Click here to searchsearchSign upToggle PlayOil shock triggers global price spikes as Iran war drags on

Fuel shocks from the US-Israel war on Iran are rippling worldwide, as Strait of Hormuz disruptions push prices higher. From Nigeria to Vietnam and India, workers face soaring costs, longer hours and lost jobs amid a deepening global energy crisis.

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Oil shock triggers global price spikes as Iran war drags on

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