Trump’s Iran War Is Driving Up Energy Prices. Here’s Who Profits.

This story was originally published by Grist and is reproduced here as part of the Climate Desk collaboration. The war with Iran has brought shipping traffic to a virtual standstill in the Strait of Hormuz, the narrow Persian Gulf channel through which roughly one-fifth of the world’s oil and gas flows. That has sent fossil fuel prices surging—and with them, […]