Gas prices soar as US, Iran clash; military sinks Iranian boats near Strait
🔴 Tension RisingCBS News2026-05-04
Gas prices are soaring due to the escalating conflict between the US and Iran, with the US military sinking six Iranian boats near the Strait of Hormuz. Financial markets are reacting to the conflict, and geopolitical risks are rising. This could significantly impact the global energy market.