Oil Prices Surge Amid Middle East Turmoil | Tulsa News

Oil prices just surged past $100 a barrel as Middle East tensions flare, with attacks on oil facilities and ships disrupting global supply chains. U.S. forces struck Iranian tankers after Houthi rebels hit Saudi Arabia, compounding the strain in the Strait of Hormuz — a vital oil chokepoint. The ripple effect? Higher gas and diesel costs, soaring shipping fees, and tighter budgets for everything from groceries to furniture. Analysts now predict prices could climb even higher, possibly hitting $150 a barrel if key infrastructure is damaged. Airlines are cutting routes and raising fares — and everyday consumers are feeling the squeeze as inflation and energy costs collide. 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/dcdd2ee2c19144b7