Gas Prices Soar as U.S.-Iran Conflict Escalates
Fort Wayne News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Gas prices soar amid U.S.-Iran conflict, with crude oil reaching $108 a barrel, causing a 70% drop in cargo through the Strait of Hormuz. Americans face a dollar increase at the pump, with national averages at $3.45 for gas and $4.60 for diesel. Wall Street warns of economic danger at $100 a barrel, with futures markets dropping and banks predicting oil could reach $120 on the Brent index.
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