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Gas Prices Soar: World Faces $150 Oil

Gas Prices Soar: World Faces $150 Oil

Boston News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 13, 20261m 19s

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Show Notes

Gas prices surge across the U.S. due to Middle East conflicts and Hormuz shutdown, causing Massachusetts average to hit $3.46 per gallon. International Energy Agency plans record oil release, but economists doubt market calming. Iranian actions block cargo ships, reducing regional output. Prolonged conflict could trigger global inflation, potentially pushing oil prices to $150 per barrel.

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