Trump's response to Iran's counteroffer sends oil prices
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KWKT - FOX 44 on MSN
Gas prices spike as crude oil stays above $100 per barrelCentral Texas (FOX 44) – As crude oil stays above $100 per barrel, gas prices continue to soar, with AAA reporting the average price in Waco jumped 23 cents in a week to $3.88 a gallon which is $1.27 higher than a year ago.
Brent crude stayed above $100 while WTI rose sharply as escalating US-Iran tensions and fears over the Strait of Hormuz pushed global oil prices higher again.
The US began a blockade in the Strait of Hormuz after weekend peace talks yielded little. Oil prices jumped above $100 and stocks swung to start the week.
Legit.ng on MSN
Revealed: Why depot operators increased petrol pricesNigerians face potential petrol price hikes as global crude exceeds $100 per barrel. Amid Middle East tensions, Abuja sees some filling stations lowering prices.
Oil prices surged as Trump warned Iran to reopen Hormuz, while lawmakers questioned Hegseth over the US Iran war.
Oil prices have rocketed this year due to the war with Iran. WTI, the primary U.S. oil price benchmark, has risen 85% to more than $100 a barrel. The prolonged closure of the Stra