Iran's Attacks Escalate War, Oil Prices Soar
Orlando News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Irans escalating attacks on energy sites in the Middle East, including Saudi Arabia, Qatar, and Kuwait, have led to a significant surge in oil prices, reaching $118 a barrel. This marks a sixty percent increase since the conflict began on February 28th. In the US, gas prices have risen sharply, prompting the Trump administration to consider releasing oil reserves and easing sanctions. The Strait of Hormuz remains closed to American ships and allies, with no immediate help from partners. The national debt has surpassed $39 trillion, with war costs reaching over $12 billion.
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