The gas prices are unmissable. Since the US and Israel launched strikes on Iran on February 28, Brent crude oil has surged past $100 a barrel for the first time in four years, briefly topping $119 on March 19. California drivers are paying over $5 a gallon, w…
The pain from the Strait of Hormuz crisis will be felt far beyond the pump
Geopolitical tensions in the Strait of Hormuz led to a surge in Brent crude oil prices, exceeding $100/barrel and peaking at $119 due to military strikes by the US and Israel on Iran. Consumers worldwide face rising fuel costs, with California drivers paying over $5/gallon, directly impacting global energy supply chains and economic stability.