Varcoe: 'Costs are going to go up’ — Trump talks, oil jumps to $111 and higher energy prices await consumers

Varcoe: 'Costs are going to go up’ — Trump talks, oil jumps to $111 and higher energy prices await consumers

Consumers shouldn't expect a sudden end to the turmoil gripping global energy markets, regardless of what transpires the Strait of Hormuz.

Oil News: Crude Oil Jumps as Trump Escalation Drives Oil Outlook Higher

Crude oil surges as Trump signals escalation, lifting futures and oil outlook while supply risks through the Strait of Hormuz drive strong bullish sentiment.