Gas Prices Surge Past $4, Impacting Families & Businesses
Dayton 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 four dollars a gallon, highest since 2022, following U.S.-Israel strikes on Iran. Crude oil prices soar due to Middle East supply disruptions, with the Strait of Hormuz mostly shut down. Higher fuel costs impact drivers, businesses, and the U.S. Postal Service. International Energy Agency releases four hundred million barrels from reserves, and the U.S. eases sanctions on Venezuelan and Russian oil. Despite being a top oil exporter, Americas global market ties and refinery imports may delay relief.
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