Six months into Iran war, almost half of global oil flows from war zones

Higher fuel prices have become a key driver of inflation, contributing to higher borrowing costs and helping to push U.S. debt to a record $40 trillion.

U.S. diesel prices have climbed to record levels despite refiners running at peak capacity.

The IEA has released record volumes from emergency stockpiles to help cushion the supply shock. Those releases are now largely complete, even as global inventories continue to decline.

LONDON Aug 25 (Reuters) - Almost half the world's oil comes from countries affected by conflict in 2026, Reuters calculations show, underscoring that current disruptions have eclipsed previous energy crises.

Six months ago, U.S. and Israeli attacks on Iran triggered what has become the largest oil supply crisis on record, with no clear end in sight.