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Oil prices surge after U.S. renews Iran strikes, heightening inflation fears

NBC News · September 1, 2026 at 10:34 AM

Oil prices surge after U.S. renews Iran strikes, heightening inflation fears

Oil prices surged after the U.S. military announced further strikes against Iran, expanding inflation fears and extending a market sell off in stocks and bonds.

Read the full article on NBC News ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.nbcnews.com — the content belongs to NBC News.

This story in other outlets

Global oil prices surge to a 6-week high after the U.S. strikes Iran in Hormuz

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