Oil prices surge as Iran conflict worsens, analysts warn of crisis

As the conflict in Iran continues, oil prices may surge amid worsening global shortages. Crude oil prices have risen approximately 40 to 50 percent since the war began, and experts warn the situation will deteriorate further, with a critical crunch expected in April and May. Analysts emphasize that time is running out to prevent a full-scale energy crisis.

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Summary by Glance · Original reporting by ABC News – Top stories