U.S.-Israeli strikes against Iran trigger sharp spike in glo

A man walks past a petrol station in London, Britain, March 18, 2026. The strikes launched by the United States and Israel against Iran have triggered a sharp spike in global oil prices. (Xinhua/Li Ying)

A woman walks past a petrol station in London, Britain, March 18, 2026. The strikes launched by the United States and Israel against Iran have triggered a sharp spike in global oil prices. (Xinhua/Li Ying)

Gas prices are displayed at a petrol station in London, Britain, March 18, 2026. The strikes launched by the United States and Israel against Iran have triggered a sharp spike in global oil prices. (Xinhua/Li Ying)

A red bus runs past a petrol station in London, Britain, March 18, 2026. The strikes launched by the United States and Israel against Iran have triggered a sharp spike in global oil prices. (Xinhua/Li Ying)

A man walks past a petrol station in London, Britain, March 18, 2026. The strikes launched by the United States and Israel against Iran have triggered a sharp spike in global oil prices. (Xinhua/Li Ying)