Iran is not a major oil producer, but recent civil unrest in the country pushed oil prices to multi-month highs. Investors fear that an Iranian conflict could impact global crude supply in a market already short on spare capacity. CNBC's Pippa Stevens breaks down why oil markets were spooked by the protests and what it could mean for U.S. consumers.
Produced by: Devan Burris, Macklin Fishman
Reporting by: Pippa Stevens
Animation: Jason Reginato
Senior Managing Producer: Tala Hadavi
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images
» Subscribe to CNBC TV:
» Watch CNBC on the go with CNBC+:
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work with AI? Sign up for CNBC's new online course, Beyond the Basics: How to Use AI to Supercharge Your Work. Learn advanced AI skills like building custom GPTs and using AI agents to boost your productivity today. Sign up today:
Connect with CNBC News Online
Get the latest news:
Follow CNBC on LinkedIn:
Follow CNBC News on Instagram:
Follow CNBC News on Facebook:
Follow CNBC on Threads:
Follow CNBC News on X:
Follow CNBC on WhatsApp:
#CNBC
Why Iran Is Moving Oil Markets
|
Matt Stucky, Northwestern Mutual, joins ...
'The Big Money Show' panel weighs in on ...
Sherry Paul, Morgan Stanley senior portf...
Zhipu AI just went public and its new co...
Rep. Mike Lawler, R-N.Y., joins ‘Morning...
‘The Big Money Show’ panel discusses Vir...
Tom Lee, Fundstrat, joins 'Power Lunch' ...
'The Big Money Show' reacts to Vice Pres...
Zhipu AI just went public and its new co...
Bloomberg’s Caroline Hyde and Ed Ludlow ...
California Post opinion editor Joel Poll...
Gatestone Institute senior fellow Gordon...
The European Union is probing Elon Musk'...
AI inference startup Baseten Labs has ra...
Quantum computing firm IonQ has agreed t...