Brent Crude hits triple digits as Trump eyes Iran
Gas prices are about to get personal again because the world is feeling itchy.
Oil prices are climbing faster than a teenager on a sugar high. Brent Crude just broke the $100 barrier, and with Iran making a mess of the Strait of Hormuz by swatting at tankers, things are officially getting loud. Tanker traffic is basically at a standstill, which is never a great sign for your wallet.
Meanwhile, the White House is dropping hints about launching fresh military strikes on Iran. The word on the street is that Donald Trump is weighing his options just weeks before the midterms. It is classic high-stakes poker, except everyone is playing with the global fuel supply.
The administration claims they have everything under control, but it is hard to feel calm when the cost of commuting is tied to military saber-rattling. It is just another day where geopolitics decides exactly how much extra you are paying to fill up the sedan.
Source: UPI
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