A report found that the 2026 Iran war is the largest oil supply disruption in history

Why have gas prices surged nearly 27% since the Iran war began?

Oil passing through the Strait of Hormuz makes up only about 7% of US crude imports. However, crude oil prices account for 51% of the cost of a gallon of gas in the US. US refiners pay the Brent crude futures price, even for domestic drilling.

Beyond oil, the Iran war is pushing up costs on fertilizer, prescriptions, and mortgages, too

Gas is up 27% since fighting began, but the Strait of Hormuz also carries a third of the world's fertilizer, petrochemicals used in generic drugs, and helium for semiconductor manufacturing. Mortgage rates have climbed back above 6.4%, and economists warn $130 oil could tip the U.S. into recession.

Iran’s 1979 revolution sparked a second oil shock—and reconfigured global energy markets

Widespread strikes in Iran’s oil sector during the 1978-79 revolution slashed production and triggered panic buying, flooding oil markets with fear.

See how the rivalry between Iran and Israel has remade the Middle East

This 2025 documentary explores how the relationship between Iran, Israel, and the United States has shaped Middle Eastern geopolitics for decades. The film covers events leading up to and following the 2025 12-day war involving these nations.

Iran-Iraq war drained over $1T from the combined economies of Iran and Iraq

Across eight years (1980-88), Iran and Iraq each lost about $500 B in GDP, infrastructure destruction, military expenses, disrupted oil exports, and mounting debt—totaling over $1 T in economic damage.

The 1967 war was the first use of oil as a geopolitical weapon

Following the June 1967 Arab–Israeli war, Saudi Arabia, Kuwait, Iraq, Libya, and Algeria embargoed oil shipments to the US, UK, and West Germany. While the move did not have a large impact, it reshaped global oil flows, and foreshadowed OAPEC's later actions.

Oil prices have been volatile for decades

This explainer shows oil’s rollercoaster: OPEC-led embargoes in the 1970s, shale surges in the 2000s, and the US flip to becoming a net oil exporter in 2020.

Air pollution in war-torn Iran unleashes invisible toxic threats

Burning oil depots and bombed buildings are endangering the health of millions of people during the 2026 attacks. Heavy metals from munitions and other damaged materials are going airborne, but the exact health implications depends on dose, wind currents, and other factors including preexisting health conditions.

Iran's Revolutionary Guard Corps became one of the most powerful forces in the Middle East

Created after the 1979 revolution to protect the new Islamic Republic, the IRGC grew into a force that controls Iran's ballistic missile arsenal, funds, and arms regional proxy groups such as Hezbollah and Hamas, and answers directly to the supreme leader.

Oil’s legacy: fueling industrial growth and shaping imperial strategies

This episode of The Rest Is History podcast traces oil’s pivotal role—from fueling industrial growth to steering imperial power. It also examines how access to oil shaped US politics, World War II, and sparked the creation of OPEC following the Suez Crisis.

As of 2024, the nation with the largest proven oil reserves is Venezuela

According to estimates derived from available geological and engineering data, the South American country possesses about 303 billion barrels of underground crude oil, followed by Saudi Arabia (267.2 billion) and Iran (208.6 billion). Many of the largest reserves are held by members of the Organization of the Petroleum Exporting Countries.

Iran's Revolutionary Guard Corps is independent of Iran's regular army and is one of the most powerful and influential military-political organizations in the Middle East.

In 2016 OPEC and 10 major producers—including Russia—launched OPEC+

OPEC+ emerged in 2016 when 10 additional producers, including Russia, joined to stabilize markets amid U.S. shale growth. In 2022, OPEC alone supplied 38 % of global crude oil, but combined with OPEC+, output reached nearly 59 % of world production—significantly amplifying its market power.

Japan attacked Pearl Harbor largely because it was running out of oil

This video traces how US-led sanctions and Japan’s near-total dependence on imported oil pushed Japanese leaders toward a high-risk plan: seize Southeast Asian oil fields and neutralize the American Pacific Fleet, hoping Washington would negotiate rather than fight.

Could water scarcity cause future wars in the Middle East?

The MENA region is facing a looming water crisis that could lead to future conflicts. While water scarcity isn't new in the Middle East, the region is among the most water scarce in the world. Home to only 1% of the world's fresh water...

The UN found that the Islamic Republic of Iran used genocidal tactics after the revolution

A 2024 report classified Iran's mass executions of political prisoners in the 1980s as genocide and crimes against humanity, finding that thousands were arbitrarily killed under Khomeini's orders by "death committees" targeting perceived religious and political enemies.

China is the world’s largest importer of crude oil

China is pushing to reduce its reliance on US oil to limit geopolitical vulnerabilities. It’s rapidly becoming the world’s renewable energy superpower.

The Russia-Ukraine war greatly affected the global food supply

Russia's invasion devastated Ukraine's agricultural sector, destroying farms, ports, and grain infrastructure and causing over $40B in losses. Disrupted exports fueled global food insecurity, while Moscow leveraged its grain exports to expand influence across the Global South.

Watch contemporary footage covering the US-backed Shah of Iran fleeing the country in the face of the 1979 Iranian Revolution

World War I brought attention to US reliance on mineral imports

Domestic stockpiles were inadequate for the extended trade disruptions caused by the four-year war. In response, the US Geological Survey increased its geological mapping to help search for important metals alongside new oil fields for fuel.

As of 2025, the US and Qatar dominate global helium production

The US's 42.6% share includes helium imported from Canada and refined within the states. Geopolitical conflicts can cause supply disruptions that impact several advanced technologies, including semiconductor manufacturing, aerospace systems, and medical imaging.

See a timeline of the tumultuous relationship between Cuba and the US since 1959

Only 90 miles separate Cuba from the US, yet Cold War hostility froze relations for decades. This timeline traces six decades of tension, from revolution and missile crisis to renewed hardline US policies reintroduced in 2025

Congress has unsuccessfully voted on war powers resolutions over Trump's military operations in Venezuela and Iran

After Trump ordered unilateral military operations in both Venezuela and Iran without congressional authorization, lawmakers from both parties introduced war powers resolutions to block further action. Each effort failed, with Republican majorities largely supporting the president.

The Russia-Ukraine conflict is the largest ground war in Europe since World War II in casualties, forces mobilized, and displacement of civilians.

See how global nuclear arsenals surged—then shrank—by country since 1945

Worldwide nuclear stockpiles peaked at over 60,000 warheads in the mid‑1980s during the US-Soviet arms race. Today, about nine nations collectively maintain roughly 12,000 warheads, with Russia and the US still holding the majority.

Drought conditions force fewer ships to sail the Panama Canal daily

In 2023, canal authorities reduced traffic in the canal amid severely dry conditions. These seven infographics from the Woodwell Climate Research Center explain exactly what happened that historically dry October, and how it affected global supply chains.

The United States has had a tumultuous relationship with Cuba since its 1959 revolution, highlighted by a nuclear crisis and a decades-long trade embargo.

An interactive overview of the human toll of the Yemen conflict

The conflict in Yemen shows no signs of stopping. Civilians continue to suffer from military hostilities and human rights violations. More than 20,000 civilians have been killed and injured by the fighting since March 2015, according to the Office...

Explore an interactive map of WW2 shipwrecks

Historians estimate roughly 20,000 ships were sunk during World War II as a direct cause of fighting, primarily in the Mediterranean and Pacific theaters. This mapping project lists about 75% of them, while the remainder lacked specific location data.

The US dollar is the most widely circulated currency in the world, and is involved in nearly 90% of global transactions

The price of gas is a composite made up of several different factors, with the federal gas tax making up less than 20% of what drivers pay at the pump.

Discover the catastrophic consequences of a failure of the US electrical grid—something that is more likely than many Americans think.

An investigation suggests a Scottish island became awash in forever chemicals via seafoam and seaspray—raising questions about what that means for the safety of other coastal areas.

Sunflowers have long been a symbol of nuclear disarmament because they can extract large amounts of radioactive cesium from soil.

Most of the observable universe's volume consists of voids and supervoids—enormous regions of space with little to no galaxies, stars, or light.

Take a 3D tour of the Hajj, Islam's annual pilgrimage to Mecca, undertaken by more than 1.5 million Muslims each year.

See how Ebola tore through Guinea, Sierra Leone, and Liberia in 2014-2016.

Jimmy Carter signed a 1978 bill that legalized home brewing, a move credited with kick-starting the craft beer industry.

Explore an interactive map of battles from the American Revolution, along with detailed summaries of each engagement

A 2019 Facebook event called on attendees to "Storm Area 51, They Can't Stop All of Us," resulting in countless memes, the creation of a music festival, and eventually the arrests of those who did try to approach the area.

The power and influence of the American presidency have expanded significantly over time—far beyond what the founders envisioned.

In 1984, Operation Smash Hit intentionally crashed a 239-ton train into a nuclear waste canister at 100 miles per hour to prove the canister's safety, which remained completely intact and lost just 0.29 of its 100 pounds of pressure.

Waves off the coast of Nazaré, Portugal, can reach over 100 feet and are caused by the area's deep underwater canyon geography

The American Society of Civil Engineers' infrastructure report card gave the US a C in 2025, its highest grade since the project launched in 1998.

Volcanic activity may have triggered the Black Death by spewing gases that led to crop failures in Europe, thus forcing the import of grain ships with plague-infested fleas.

Poison ivy can cause rashes year-round since all parts of the plant contain urushiol, the oil that triggers our allergic response.

The name 'Silicon Valley' arose from the founding of Shockley Semiconductor Laboratory in Fairchild Semiconductor in 1956-57, founded near Stanford University in Palo Alto

Fast-casual restaurant Chili's is experiencing a resurgence, with its parent company recently reporting a nearly 32% increase in sales, thanks to passionate Gen Z fans on TikTok.

An initial public offering or 'IPO' is the process of a private company becoming public by putting shares of the company on the stock market for purchase.

The Mona Lisa's celebrity status and repeated restorations have obscured what made the painting so revolutionary for its time