Commodities

Oil prices soar amid Iran tensions, but gas prices may continue to climb

By Bullbit Editorial · March 28, 2026

• WhatOil prices have surged since the Iran conflict escalation
• WhyIran tensions have led to a global oil supply disruption and price hike
• SignalGas prices may not be done rising despite current surge
• TargetConsumers and businesses are bracing for further price increases
• RiskEconomic instability and inflation concerns are on the rise

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