Iran war triggers fuel crisis

The economic impact of the U.S.-Israel war on Iran is intensifying as energy supplies face unprecedented disruption.

In the United States, gas prices have surpassed $4 a gallon, while jet fuel costs in major hubs have nearly doubled, leading to increased surcharges for consumers.

International shipping remains in a state of paralysis, with thousands of vessels stranded outside the vital Hormuz waterway.

Experts warn that unless transit resumes, the resulting shortages in refined products will lead to a broader global economic slowdown.