Willem van de Velde the Younger, Dutch ships in a calm. Public domain.
The Iran war began on February 28, 2026, and Brent oil went from about $72 a barrel to near $120 in March.
If money is tight, combine the trips, because the gallon moves before your wage does.
If you are in the middle, a commute priced in the old oil market does not fit the new one.
If you have savings, an energy stock is not a hedge for the rest of the bill you pay.
The Iran war began on February 28, 2026.
Brent crude, a benchmark the world uses for oil, rose from about $72 a barrel to near $120 in March.
Households do not buy barrels, they buy gallons, groceries that move on trucks, and heat.
Source: Public record of the Iran war, begun February 28, 2026, and the March move in Brent crude from about $72 to near $120.