Iran attacks roil Mideast markets, though oil impact stays moderate
Natural gas prices have spiked far more sharply than crude, reflecting the sensitivity of disruptions to LNG infrastructure in the Gulf
FADEL SENNA / AFP via Getty Images
View of the Gulf from the northern emirate of Ras Al Khaimah
U.S. and Israeli strikes on Iran, coupled with Iranian missile assaults on the Gulf, are playing havoc with world markets as tanker traffic through the Strait of Hormuz has practically ground to a halt.
Oil prices, though, have...