Oil Prices Jump, Photography Industry Feels the Pinch The recent surge in oil prices has sent shockwaves through the global economy, and the photography industry is no exception.
As tensions between the US and Iran continue to escalate, oil prices have jumped by roughly 10% over the past month, putting pressure on camera manufacturers and photographers alike.
The Business of Oil: How US Iran Tensions Affect Global Supplies Iran's significant role in global oil production cannot be overstated. With the country producing around 3.