Oil Prices Surge Amid Gulf Tensions | Charleston News

Oil prices surge back above $100 a barrel as Middle East tensions flare, threatening global supply and squeezing American wallets at the pump. With attacks on key shipping lanes and energy infrastructure, fuel costs soar — gas over $4 a gallon, diesel nearing $6 — draining household budgets and straining industries. The Fed faces tougher inflation battles, while banks now predict prices could climb even higher, potentially hitting $120 a barrel amid escalating conflict. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b14bf45dc01c54e2