Localnews8 iconLocalnews8Aug 19, 2026

Red lights are flashing in energy markets

By Matt Egan, CNN New York (CNN) — Oil prices are once again uncomfortably high, but the bigger problem is lurking just beneath the surface. What initially began as an oil supply shock caused by the Strait of Hormuz blockage is morphing into a fuel supply crisis.

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By Matt Egan, CNN New York (CNN) — Oil prices are once again uncomfortably high, but the bigger problem is lurking just beneath the surface.

What initially began as an oil supply shock caused by the Strait of Hormuz blockage is morphing into a fuel supply crisis.

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By Matt Egan, CNN New York (CNN) — Oil prices are once again uncomfortably high, but the bigger problem is lurking just beneath the surface. What initially began as an oil supply shock caused by the Strait of Hormuz blockage is morphing into a fuel supply crisis.

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