West Asia War: Oil Chaos, Markets Shake As War Risk Surges
Edited By WION Video Desk
Published: May 01, 2026, 11:00 IST | Updated: May 01, 2026, 11:00 IST
Global oil prices have surged to a four-year high. The rally reflects growing anxiety over energy security, as the gulf remains critical to global crude flows. Analysts point to grave consequences if oil production stops in Iran, with other regions already struggling to restart operations.
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