Gas Prices Soar After U.S.-Iran Strikes
Orlando News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Gas prices soar in the U.S. following military strikes on Iran, with the national average reaching $3.11 per gallon, the highest since late November 2022. The Strait of Hormuz, a major oil choke point, is under threat, causing fears of supply disruptions. Oil prices surge, with Brent crude and U.S. crude both rising over 7%. Diesel prices also spike, reaching $3.86 per gallon. Experts predict another 10-25 cent increase at the pump in the coming weeks due to summer demand, refinery maintenance, and higher shipping insurance costs.
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