On the other side of the war against Iran, what happened to the price of oil? The 9-fold increase in the cost of transporting oil from America to Japan increased the cost of transporting a cargo of 2 million barrels from about $9 million last year to $81 million. The American and Zionist regime's attack on Iran and the closure of the Strait of Hormuz by Iran, along with the increase in insurance costs and the lengthening of sea routes, put pressure on the global energy trade. America's war with Israel faced serious risks to the global economy and energy security, and the increase in oil production alone cannot guarantee a drop in prices. Read the full text at the link below.

On the other side of the war against Iran, what happened to the price of oil? The 9-fold increase in the cost of transporting oil from America to Japan increased the cost of transporting a cargo of 2 million barrels from about $9 million last year to $81 million. The American and Zionist regime's attack on Iran and the closure of the Strait of Hormuz by Iran, along with the increase in insurance costs and the lengthening of sea routes, put pressure on the global energy trade. America's war with Israel faced serious risks to the global economy and energy security, and the increase in oil production alone cannot guarantee a drop in prices. Read the full text at the link below.