Brigham McCown appeared on C-SPAN to discuss how United States military operations in Iran might affect global energy markets. He noted that although the US is not heavily reliant on oil from the Gulf, the oil market is global, and prices have already increased dramatically. McCown emphasized that shortages are not the only factor that moves energy markets—fear and uncertainty can drive prices higher even before actual supply disruptions occur.
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The United States and United Nations flags. (Getty Images)