Home › CGTN       04.08.2026

Will Red Sea tensions push oil and gas prices higher?

Oil prices have been on a rollercoaster since the Iran conflict began, and now the Red Sea is added to the mix, threatening to prolong disruptions at the expense of everyday people in the U.S. and Europe.

CGTN's Elaine Reyes spoke with Skip York, Nonresident Fellow in the Center for Energy Studies at Rice University's Baker Institute, about what's next for prices at the pump.

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