Global energy markets remain volatile as US reliance on oil and gas persists

What matters

• US households paid $8.4 billion more for gasoline in the past month due to higher prices
• Oil prices will remain elevated through year-end, even if conflict is resolved by April
• Key energy infrastructure may be damaged for years following missile strikes

Why it matters

Key energy infrastructure may be damaged for years following missile strikes

Source: https://arstechnica.com/science/2026/04/shock-from-iran-war-has-trumps-vision-for-us-energy-dominance-flailing/

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