Oil Prices Soar, Hitting Groceries & Farms
New York City News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Soaring crude oil prices, due to Strait of Hormuz issues, are causing a ripple effect on gas, airfares, farm costs, and groceries. Shop owners and farmers are feeling the pinch, with diesel fuel prices surging. A farmer, preparing for spring planting, filled his tanks to avoid further hikes. Shoppers are seeking deals at bulk stores, while businesses grapple with passing on extra costs or absorbing them.
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