Oil prices are higher out of the gate after Iran attack, but increase isn't gigantic

Oil prices are higher out of the gate after Iran attack, but increase isn't gigantic
Following the U.S. military strike on Iran, oil markets opened higher but not as dramatically as predicted. Diesel prices surged the most, with ULSD reaching its highest since 2024. Concerns loom over the impact on the Strait of Hormuz, a critical oil export route.