Gas Prices Surge to $4/Gallon, Worst Crisis Since '70s
Raleigh News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Gas prices soar to four-year high, sparking global economic concern: AAA reports a 30% increase since the U.S.-Israeli war on Iran, with oil prices surging nearly 50% to $104 per barrel. The International Energy Agency warns of a major threat to the world economy, as IEA members release 400 million barrels from strategic reserves. The Trump team proposes easing Russian sanctions and reopening the Strait of Hormuz to ease the pain.
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