Gas Prices Soar as Strait of Hormuz Remains Closed
Denver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Gasoline prices surge, nearing $4 per gallon, as Brent crude oil soars above $100 due to the Strait of Hormuz closure amid the Iran-US conflict. Oil prices have risen sharply since strikes began, causing output cuts and inflation fears. Stocks rise on Wall Street, with the S&P 500 climbing to around 6721, as markets often rebound from Middle East flare-ups. President Trump urges allies to help secure the strait, promising US support.
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