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BBC News Hour

Oil Prices Appear to Stabilize After a Surge

Brigham McCown
Brigham McCown
Senior Fellow and Director, Initiative on American Energy Security
Brigham A. McCown
Fire breaks out at the Shahran oil depot after US and Israeli attacks, leaving numerous fuel tankers and vehicles in the area unusable in Tehran, Iran on March 8, 2026. (Photo by Hassan Ghaedi/Anadolu via Getty Images)
Caption
Fire breaks out at the Shahran oil depot after US and Israeli attacks in Tehran, Iran, on March 8, 2026. (Getty Images)

On BBC News Hour, Brigham McCown discusses concerns about the impact of the United States’ military campaign in Iran on the global economy and whether American voters may be swayed in the midterms depending on how high prices go.