New missile attacks Iran and US drive up oil price: this is what you will notice at the pump: ‘Oil scarcity for at least three more months’

New shelling in the Iran war has pushed up the oil price. Negotiations are stalling, leaving the beleaguered Strait of Hormuz virtually closed to oil and gas exports. Buffers dwindle in the fourth month of the war. Motorists refuel on Monday for 2.50 euros per liter of petrol.

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