Iran-Israel Conflict: Oil prices rise sharply after attacks in Middle East disrupt global energy supply
Image used for representational purposes. File | Photo Credit: Reuters Oil prices rose sharply on Monday (March 2, 2026) as U.S. and Israeli attacks on Iran and retaliatory strikes against Israel and U.S. military installations around the Gulf sent disruptions through the global energy supply chain. Traders were betting the supply of oil from Iran…