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PBS News Hour

How the war in Iran is impacting global energy markets

Season 2026 Episode 47 | 7m 17s

Oil and gas prices spiked on Monday as the Iran conflict escalated and shipping was disrupted in the Strait of Hormuz. About 20% of the world’s oil and liquefied natural gas flows through the strait every day, making it one of the most crucial oil supply routes on the planet. William Brangham reports.

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