Rep. French Hill: Iran operation a short-term shock to oil markets; supports insurance, naval protection Rep. French Hill told radio hosts that recent operations in Iran have chilled oil transit through the Gulf and pushed pump prices higher but are likely temporary; he urged support for insurance markets and naval protection of shipping and said tapping the Strategic Petroleum Reserve is an executive decision he would "urge" leaders to consider.

Rep. French Hill warns that recent Iranian operations have disrupted oil markets, but assures that a lasting impact is unlikely.

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