Iran’s attack on Israel over the weekend has heightened tensions yet again in the Middle East, putting the global oil market on edge. POLITICO’s Matt Daily breaks down how the Israel-Iran conflict could increase world oil prices. Plus, the Biden administration has rejected industry arguments that called for a weakened air pollution rule.

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Catherine Morehouse is an energy reporter for POLITICO.

Nirmal Mulaikal is a POLITICO audio host-producer.

Annie Rees is a senior audio producer-host at POLITICO.

Gloria Gonzalez is the deputy energy editor for POLITICO.

Matt Daily is the energy editor for POLITICO.

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How the Israel-Iran conflict could drive oil prices higher