How the U.S.-Israeli strikes on Iran affect gas prices
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摘要
Gasoline prices rose to just under $3 on Monday as oil prices surged amid a widening Middle East war. The national average at the pump rose to just under $3 per gallon, up about $0.01 from Sunday. Drivers can expect to see steeper increases in the coming days as a jump in oil prices following this weekend's strikes on Iran by the U.S. and Israel.
Oil (CL=F, BZ=F) prices are surging as the US's conflict with Iran escalates. GasBuddy head of petroleum analysis Patrick De Haan and Yahoo Finance Breaking Business News Reporter Jake Conley join Market Catalysts host Julie Hyman to discuss what higher oil prices mean for gas prices and consumers.
#gasprices #oilprices #straitofhormuz #oilfutures
Chapters:
00:00 - Intro
00:12 - How quickly will prices rise?
1:25 - Supply chain affects
2:22 - How fast do prices fall?
3:54 - Affect of $100/barrel
05:00 - Production vs. Price
06:33 - Can gov't bring prices down?
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