A 30-day rolling average of EIA oil price data shows a clear upward trend over the past three months, aligning with the escalation of the 2026 conflict involving the United States, Israel, and Iran. Disruptions around the Strait of Hormuz have tightened global supply and increased uncertainty in energy markets.
Iran’s use of asymmetric tactics—targeting shipping routes and regional infrastructure—has amplified these effects, adding a persistent risk premium to oil prices. Unfortunately, this trend could have broader consequences, increasing costs across the global economy and putting added pressure on food supply chains.




































































































































