oil and natural gas prices are jumping
Oil and natural gas prices are jumping while stock markets are tumbling. The Middle East is a major producer of both oil and natural gas, but its energy exports have now been largely cut off from the rest of the world by an effective closure of the Strait of Hormuz.
Americans stranded in the Middle East as the war in the region escalates are speaking out about their frustration and fears as the Trump administration seeks to reassure them that they are working to get them home.
“I feel just like a sitting duck,” one stranded American told CNN Tuesday morning.
The administration on Tuesday said it is looking at options including using military aircraft and charter flights to relocate US citizens in the Middle East who want to depart.
