Oil prices just surged past $100 a barrel for the first time since May, fueled by escalating Middle East tensions and attacks on Red Sea tankers—sending shockwaves through global markets. Brent crude spiked over 6%, gas stations are feeling the heat, and natural gas prices have been climbing steadily. That fragile ceasefire? Gone. With inflation fears resurfacing and the Fed staying firm on price stability, expect higher costs at the pump—and soon, across your grocery bill and everything else.
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