Rebecca Fung
Wall Street Journal reporter covering energy and markets who explains developments in the Strait of Hormuz and their implications for oil trading and prices.
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Mar 4, 2026 • 20min
Will Gas Prices Go Up Because of the Iran War?
Harriet Torry, WSJ reporter on the U.S. economy, explains how global oil swings filter into U.S. pump prices and inflation. Rebecca Fung, WSJ energy and markets reporter, walks through Strait of Hormuz disruptions, insurer pullbacks, and regional strikes. They discuss tanker traffic paralysis, market sentiment shocks, and scenarios that could push oil much higher.
