Iran Catch-All | IRAN WAR

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https://www.cnbc.com/2026/03/08/crude-oil-prices-today-iran-war.htmOil futures now over $115 per barrell, up $25 since last close. If it holds that is another 25-30 cents per gallon for gas
A gallon of gasoline goes up about two and a half cents for each dollar increase in a barrel of oil. A $25 increase per barrel of oil would indicate an increase of $0.50-0.75/gallon at the pump.

Pay attention to the price of diesel.

Gas prices are up $0.47/gal (16%), but diesel is up $0.84/gal (22%). Farmers and truckers are getting hit hard, and those increases show up in consumer goods and groceries.
 
A gallon of gasoline goes up about two and a half cents for each dollar increase in a barrel of oil. A $25 increase per barrel of oil would indicate an increase of $0.50-0.75/gallon at the pump.

Pay attention to the price of diesel.

Gas prices are up $0.47/gal (16%), but diesel is up $0.84/gal (22%). Farmers and truckers are getting hit hard, and those increases show up in consumer goods and groceries.
Somehow, it will be Biden’s fault.
 
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