Strait of Hormuz Tensions Push Fuel Costs Up
Annapolis News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Tensions in the Strait of Hormuz drive up global oil prices, with crude oil nearing $97 per barrel and U.S. gasoline averaging $3.58 per gallon. White House assures relief, but oil expert predicts further increases. International Energy Agency considers tapping strategic reserves, with Asian countries potentially releasing stockpiles soon.
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