Oil prices approach Iran-war highs as soaring tanker rates trigger a second energy squeeze

Economy MarketWatch By Myra P. Saefong 22 Oct 2026 20:46 1 min read
Oil prices approach Iran-war highs as soaring tanker rates trigger a second energy squeeze

Wall Street may be starting to price in the scenario everyone fears: a full-scale regional conflict that could further choke off global energy supplies and unleash a fresh wave of turmoil across financial markets.

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