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Oil Prices Soar, Fueling Inflation

Oil Prices Soar, Fueling Inflation

Washington DC News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 29, 20261m 6s

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Show Notes

Oil prices surge post-Iran conflict, reaching $99.64 per barrel, causing global energy market turmoil. Despite U.S. production offsetting some impact, higher inflation looms due to supply hits and seasonal gas blend changes. Prices may ease if tensions cool, but expect ongoing volatility.

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