Average #Gasoline Price Hits $4 in #US
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Average #Gasoline Price Hits $4 in #US
A month since the first US - #Israel attacks on #Iran & its response, has effectively shut off Persian Gulf #oil.
Although the US isn’t dependent on oil from the #MiddleEast — where attacks during the #war have hit production & storage facilities — domestic prices have nevertheless surged because of how interconnected global #energy markets are. #Gas last eclipsed $4 a gallon after #Russia invaded #Ukraine in 2022.
#Trump #economy
https://www.nytimes.com/2026/03/31/business/gas-prices-4-dollars-gallon-iran.html?smid=nytcore-ios-share -
Average #Gasoline Price Hits $4 in #US
A month since the first US - #Israel attacks on #Iran & its response, has effectively shut off Persian Gulf #oil.
Although the US isn’t dependent on oil from the #MiddleEast — where attacks during the #war have hit production & storage facilities — domestic prices have nevertheless surged because of how interconnected global #energy markets are. #Gas last eclipsed $4 a gallon after #Russia invaded #Ukraine in 2022.
#Trump #economy
https://www.nytimes.com/2026/03/31/business/gas-prices-4-dollars-gallon-iran.html?smid=nytcore-ios-share…Other #fuel prices are also rising. #Diesel prices stood at $5.42 a gallon Tuesday, up from $3.76 a gallon before the #war — an increase that will directly affect the cost of #shipping nearly everything, from #groceries to furniture.
Ultimately, economists fear that these rising costs will contribute to faster #inflation & a slower #economy. The longer the war lasts, the greater the potential damage.
#TrumpsWar #IranWar #ForeverWars #Trump #law #geopolitics #CostOfLiving #EnergyCrisis
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Average #Gasoline Price Hits $4 in #US
A month since the first US - #Israel attacks on #Iran & its response, has effectively shut off Persian Gulf #oil.
Although the US isn’t dependent on oil from the #MiddleEast — where attacks during the #war have hit production & storage facilities — domestic prices have nevertheless surged because of how interconnected global #energy markets are. #Gas last eclipsed $4 a gallon after #Russia invaded #Ukraine in 2022.
#Trump #economy
https://www.nytimes.com/2026/03/31/business/gas-prices-4-dollars-gallon-iran.html?smid=nytcore-ios-share@Nonilex we are now paying the equivalent of $9 a gallon here in Romania! Thank you trump regime...are you great yet?
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…Other #fuel prices are also rising. #Diesel prices stood at $5.42 a gallon Tuesday, up from $3.76 a gallon before the #war — an increase that will directly affect the cost of #shipping nearly everything, from #groceries to furniture.
Ultimately, economists fear that these rising costs will contribute to faster #inflation & a slower #economy. The longer the war lasts, the greater the potential damage.
#TrumpsWar #IranWar #ForeverWars #Trump #law #geopolitics #CostOfLiving #EnergyCrisis
#Trump has sought to reassure Americans, saying the crisis is temporary, but he has also described the run-up in fuel costs as a small price to pay for his #war aims.
…Experts say the price of #oil — & the price of #gasoline — won’t meaningfully drop until supplies can again flow freely out of the Persian Gulf through the #StraitOfHormuz.
#TrumpsWar #IranWar #ForeverWars #US #Israel #Iran #law #geopolitics #MiddleEast #inflation #economy #affordability #CostOfLiving #energy #EnergyCrisis
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…Other #fuel prices are also rising. #Diesel prices stood at $5.42 a gallon Tuesday, up from $3.76 a gallon before the #war — an increase that will directly affect the cost of #shipping nearly everything, from #groceries to furniture.
Ultimately, economists fear that these rising costs will contribute to faster #inflation & a slower #economy. The longer the war lasts, the greater the potential damage.
#TrumpsWar #IranWar #ForeverWars #Trump #law #geopolitics #CostOfLiving #EnergyCrisis
@Nonilex it's incredible how two malignant narcissists have turned the entire world's economic status upside down!
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Average #Gasoline Price Hits $4 in #US
A month since the first US - #Israel attacks on #Iran & its response, has effectively shut off Persian Gulf #oil.
Although the US isn’t dependent on oil from the #MiddleEast — where attacks during the #war have hit production & storage facilities — domestic prices have nevertheless surged because of how interconnected global #energy markets are. #Gas last eclipsed $4 a gallon after #Russia invaded #Ukraine in 2022.
#Trump #economy
https://www.nytimes.com/2026/03/31/business/gas-prices-4-dollars-gallon-iran.html?smid=nytcore-ios-shareIt’s almost like we’re all locked up in petrosocieties and everything we need to live and thrive is directly connected to fossil fuels.
What’s that you say? POSIWID?
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R relay@relay.infosec.exchange shared this topic
