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How the attack on Iran could impact the global oil market and economy

By CNBC | 1 min read

How the attack on Iran could impact the global oil market and economy

The U.S.-Israeli attack raises the risk of major oil supply disruption. Iran is the fourth-largest OPEC producer and sits on the critical Strait of Hormuz.

# How the attack on Iran could impact the global oil market and economy The U.S.-Israeli attack raises the risk of major oil supply disruption. Iran is the fourth-largest OPEC producer and sits on the critical Strait of Hormuz. **Read the full article:** [CNBC](https://www.cnbc.com/2026/02/28/iran-us-attack-oil-market-economy.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*