The U.S.-Israeli war in Iran is spiking oil prices as retaliatory attacks impact production throughout the Middle East, and fears of Iran disrupting operations in the Strait of Hormuz continue. CBS News MoneyWatch correspondent Kelly O’Grady has more.
Oil prices spike as war in Iran strains global supply
Mar 2, 2026 | 12:05 PM
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Konnor Griffin
Konnor Griffin is a Bucco! Are you going to go watch him play?
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