Israel-Iran War: Should We Expect a Surge in Gas Prices?

Among the many consequences of the Israel-Iran war that threatens to further inflame the Middle East, the evolution of gasoline prices is one of the most scrutinized. The fear is that pump prices will skyrocket, as they did after the Russian invasion of Ukraine in 2022, with a liter approaching or even exceeding the two-euro mark.

Following the first Israeli strikes in the early hours of Friday, June 13, the price of a barrel of oil soared. The price of black gold rose 6% during the day. The price of American crude oil (WTI) and Brent from the North Sea were still trading