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Oil Prices Soar Amid U.S.-Israel Conflict, Straining Households

3/14/2026

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Summary

Story summary

Oil prices have surged since the U.S.-Israel war with Iran on February 28, with Brent Crude at $119.50 per barrel.
Gas prices rose 64 cents, a 22% increase, straining households as midterm elections approach.
U.S. President Donald Trump’s administration conducts military operations and energy policies favoring oil interests, with Trump claiming higher prices benefit the United States.

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Story summary

Oil prices have surged since the U.S.-Israel war with Iran on February 28, with Brent Crude at $119.50 per barrel.
Gas prices rose 64 cents, a 22% increase, straining households as midterm elections approach.
U.S. President Donald Trump’s administration conducts military operations and energy policies favoring oil interests, with Trump claiming higher prices benefit the United States.