WASHINGTON (AP) — Iran launched missiles at a U.S. military base in Qatar on Monday, threatening to stoke a wider conflict in the Middle East, a region that supplies the world with about a third of the oil used globally every year. That same day, benchmark U.S. crude tumbled more than 7%, one of the biggest single day sell-offs this year. The following day, the same thing happened, driving crude prices down by double digits this week.
Middle East conflict highlights how vastly the global energy supply has changed in recent years
