Prices at the pump remain on track to keep falling in the United States despite the Israel-Hamas war, according to energy industry analysts. After Hamas’ surprise attack over the weekend, global crude oil jumped to more than $87 a barrel by Monday, from below $83 late last week — roughly a 5% increase. Prices have since retreated, clocking in at $83.62 Wednesday morning.
The conflict has already affected the operations of producers of other types of energy, including natural gas. Israeli officials this week ordered the shutdown of the Tamar offshore gas platform, a major Chevron-operated facility off the coast of Gaza. But analysts so far don’t foresee broader disruptions in global supplies, and natural gas prices have been dropping as well. Most U.S.