How Bad Could the Iran Oil Crisis Get?

<p>Iran has currently shut off more than 10 percent of the world’s oil supply. If that goes on for a lot longer — or if the war escalates to include more strikes on energy infrastructure in the region — the price of oil could go through the roof, and the damage to the global economy could be catastrophic.</p> <p>So what would that look like? What tools does the United States have to avert it? And how is this crisis already …