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Gas prices may rise due to the US-Iran conflict.
President Donald Trump All caps delivered the message On Monday, About oil prices from the US and Israeli forces less than one day Three Iranian nuclear site hit. “Everyone, lower the price of oil. I watch it!” Trump wrote according to the truth of the Social Media Platform. “Drill, baby, boring !!! and now I want to say now !!!”
Attacks The world’s benchmark oil prices sent brent crude oil prices briefly A barrel of $ 81. Traders recalled this price for more than $ 70 Iran has retaliated against the United States Relatively limited response by firing missiles in the US military base in Qatar.
What does this mean for these drivers?
The crude oil is one of the most of the value of the value of drivers pay in the gas pump and Analysts say The increase in oil prices every $ 10, in general, the average gasoline price collapses for a gallon of 20 to 25 cents per gallon.
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On June 23 AAA puts the national average For regular gasoline $ 3.22 with a gallon, diesel fuel $ 3.68. Was regular a week ago $ 3.14Therefore, the tension has already touched up to 8 kopecks. Californians pay the most $ 4.66Texas drivers enjoy the average price at the lowest state $ 2.85.
CNET will monitor Iran’s daily average and main market prices as long as Iran threatens sustainable fuel costs.
If Tehran faces threats of 21-mile breadth, which is about 21 miles wide 20% of the world’s oil, Goldman Sachs warns Brent oil prices may fall below $ 110, the US is likely to end the average pump price $ 4.
The oil spike from Monday was aimed at the US base in the US base, Iran, US base, and the energy infrastructure was not touched. Traders bet on Tehran, at least so far it will threaten its export revenues.
If a tanker is shot or the Strait of Hormuz is even blocked, experts can almost immediately supply. So far, OPEC-PLUS Oil Alliance has not been called an emergency meeting. Russian President Vladimir Putin says You don’t have to move yetand Saudi Arabia says the energy chief Wait to see the market actually doing.
The management may hit the strategic oil reserve if Iran violates oil streams, but not any steps so far.
