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Gas Prices Surge Amid Global Tensions | Fresno News
Description
Gas prices in California just spiked another ten cents, pushing the average to over four dollars a gallon — the highest in the nation — as global tensions in the Middle East and disruptions to shipping routes send crude oil prices soaring toward $90 a barrel. While prices are climbing nationwide, drivers in the Golden State are paying the steepest penalty, with costs 55 cents above the national average. The ripple effects? Higher commuting costs and inflated prices for everyday goods. Experts link the surge to escalating U.S.-Iran tensions, attacks in the Red Sea, and strikes on Russian refineries. A slight dip in oil prices over the weekend offers a tiny reprieve, but officials warn prices will remain elevated for now — and any future hikes hinge on how geopolitical chaos unfolds in the coming days.
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