Oil market underneath strain: Iran struggle will drive up oil costs – penalties for gasoline costs and the economic system in Germany – Video | EUROtoday

On Mar 1, 2026

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After the assaults on Iran, the necessary Strait of Hormuz is averted and delivery firms and merchants cease journeys. Around 20 % of the oil shipped worldwide passes by means of the strait. Rising crude oil costs may make gasoline costlier.

https://www.welt.de/videos/wirtschaft_original/video69a44d477c787f6a1cef3164/oelmarkt-unter-druck-iran-krieg-wird-oelpreis-antreiben-folgen-fuer-benzinpreise-und-wirtschaft-in-deutschland.html