US consumers express dismay over rising gas prices after attack on Iran Oil prices have shot up as the war snarls transportation and production in one of the most energy-rich regions on earth. Surging energy prices caused by the US-Israel war on Iran could ripple across the United States economy, heaping further strain on consumers at a time when cost-of-living issues are already a primary concern. The price of crude oil increased from about $67 per barrel before the war began on February 28 to nearly $97 on Monday, as the conflict snarls production and transport in one of the most energy-rich
US consumers express dismay over rising gas prices after attack on Iran Oil prices have shot up as the war snarls transportation and production in one of the most energy-rich regions on earth. Surging energy prices caused by the US-Israel war on Iran could ripple across the United States economy, heaping further strain on consumers at a time when cost-of-living issues are already a primary concern. The price of crude oil increased from about $67 per barrel before the war began on February 28 to nearly $97 on Monday, as the conflict snarls production and transport in one of the most energy-rich