Gas Prices Soar Amid U.S.-Iran Conflict
Fort Wayne News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Gas prices soaring in the U.S. due to U.S.-Israeli-Iran conflict, with crude oil reaching $108 a barrel. Wall Street warns of potential economic danger at $100. Seven U.S. service members killed. OPEC+ cutting production, Strait of Hormuz shipments down 70%. Americans feeling the impact at the pump, with prices jumping $1 in Houston. National average now $3.45 for gas, $4.60 for diesel. Futures dropped 806 points last week. Gulf crudes trading at premiums not seen since 2020, indicating strong demand. President Trump sees short-term spikes as a small price for safety and peace.
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