Why the Iran war is hurting California's energy market
CNBC Television·2026-04-13 19:56
The Iran war continues to cause major disruptions in the global energy market. Prices of crude oil and global natural gas remain stubbornly high even after an initial ceasefire agreement. Here in the US, drivers across the country are feeling the pinch.But one state in particular is really struggling with the oil disruption. >> California seeing the most pain of of any state when it comes to the pump. In fact, some areas of California now.San Francisco, the Bay Area, the first area to ever see an $8 price t ...