Gas Prices Skyrocket, Pinching Wallets
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
U.S. gas prices surge to $4 a gallon, marking the biggest monthly jump in decades, following U.S. and Israeli strikes on Iran. Crude oil futures soar past $100 a barrel, causing a global energy market shakeup. Fifty-five percent of households report budget hits, with twenty-one percent calling it a major blow. Analysts warn that $4 gas stirs real anxiety, despite mixed economic signals. President Trumps energy promises face challenges due to volatile markets and Middle East tensions, causing headaches for Republicans heading into midterms. White House measures to ease the situation only slow the climb, not reverse it.
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