The Modern Dispatch

Energy Markets

2 articles

Global economic disruption from the Iran war, showing rising oil prices and consumer costs contrasted with a rapid acceleration of green energy infrastructure.

Iran War's Global Economic Impact Fuels Consumer Costs and Green Energy Push

Brent crude oil prices surged over 40 percent in just weeks following the Iran war's outbreak, jumping from $72 to $106 per barrel.

Jonah Kline·June 7, 2026

Surging crude oil wave crashing over a stock market ticker, with a red-tinged Middle East map in the background, symbolizing the impact of the Iran war on global oil prices.

Iran War Sparks Oil Surge, Brent Crude Hits $120

Brent crude oil prices surged from around $72 a barrel on February 27 to nearly $120 a barrel, according to CNBC .

Adrian Vale·June 5, 2026