U.S. Consumers Already Feeling Impact of Iran Conflict
Crude oil prices surged nearly 10%, pushing U.S. gasoline prices up 15 cents per gallon amid shipping disruptions and insurance challenges in the Strait of Hormuz.
9 Articles
9 Articles
East Texas gas prices surge amid U.S.-Iran conflict
BULLARD, Texas( KETK)-- Across East Texas, drivers are feeling pain at the pump in a place where fuel normally hovers around the two-dollar-a-gallon mark. East Texas is now feeling the effects of a developing conflict in the Middle East between the United States and Iran. "Iran is a key player in the oil market; any [...]
Chicagoans uneasy about gas prices as Iran war disrupts supply chain
It took less than a week for gas prices to spike after the U.S and Israel launched a major attack on Iran on Saturday.As the war continues, Iran has closed the Strait of Hormuz, the narrow mouth of the Persian Gulf where about a fifth of the world's oil passes through. Any disruption to traffic through the Strait of Hormuz is highly disruptive to oil shipments. On Wednesday, the average price in Chicago for a regular gallon of gas was $3.51, or …
Iran Airstrikes Push Gas to $2.99; K-State Economist Warns Prices Could Near $4 - Newton Kansan
Kansan Staff/K-State News and Communications Services Gas prices have jumped after airstrikes in Iran, reaching an average of $2.99 a gallon both nationally and at… Login to continue reading Login Sign up for complimentary access Sign Up Now Close
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