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Oil prices spike as war in Iran strains global supply

Name: Oil prices spike as war in Iran strains global supply
Uploaded: 2026-03-02T10:30:00-0500
Duration: 3 min
Description: 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.

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.