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Thursday, October 22, 2026Updated 23:35 UTC

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Oil prices approach Iran-war highs as soaring tanker rates trigger a second energy squeeze

Source: MarketWatch · Oct 22, 2026 20:46 UTC

An oil tanker ship in the Houston Ship Channel — File photo roger4336 / Flickr · CC BY-SA 2.0 · Source

The Quick Take

Wall Street may be starting to price in the scenario everyone fears: a full-scale regional conflict that could further choke off global energy supplies and unleash a fresh wave of turmoil across financial markets.

Read the full story at MarketWatch

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