Oil prices spike after Iran war erupts

    Global oil prices are rising as uncertainty over the U.S.-Israeli war on Iran develops. Spencer Jakab, an investing columnist for The Wall Street Journal, joins CBS News with more.

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    26 Comments

    1. The price of gasoline across the US averages $2.99 per gallon. Last week's average was $2.98 per gallon, one cent is not in fact a spike. Quit lying to us this is why our great president calls you fake news

    2. Remember when Republicans pretended to believe in things like free trade, fiscal responsibility, limited government, family values, law & order, personal responsibility, constitutional restraints, honesty and common sense? Pepperidge Farm remembers.

    3. I thought the US was a net oil exporter? So wouldn't oil prices only go up in other places of the world that have to import, but stay the same domestically in the USA? There shouldn't be any shortages in the US.

    4. If you want to see high gas just wait for this to be still happening when Memorial Day and the summer driving season hits.

      Funny how during winter gas stayed above $3.19 here.

    5. Iran is a Persian country, not an Arab country and have put a target on Arab oil and any US military targets in Arab countries. Trump reacted without thinking as usual with his words and action without a clear plan or exit strategy; “Mexico will pay for the WALL”.

    6. 🤣🤣🤣 There go those so called low gas prices.

      Trump just batting a thousand in making his voters look like bigger idoits than they already are 😂

      And they STILL support him! 🤣🤣🤣😭 Absolutely hilarious

    7. That’s a convenient excuse, but didn’t we just steal Venezuela’s country/oil/resources????
      I guess we sold those resources to someone else instead of giving them to Americans ?????

      Speaking of money owed, where is our tariff checks? ??

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