It's not just gas prices. How the Iran war is coming for your grocery bill. [View all]
As conflict in the Middle East drags on, Americans here at home are feeling the pinch as oil prices remain elevated and ripple into everyday costs.
Crude oil (CL=F) is hovering just below $90 a barrel, compared to the end of February, when it was closer to $65 a barrel.
This has led to sharp increases in gas prices in recent weeks, with gas rising over $4 per gallon and diesel well over $5 per gallon. However, gas prices aren’t the only everyday cost that could be creeping up.
Roughly one-third of the world’s fertilizer moves through the Strait of Hormuz, and the closure is raising concerns about supply. Farmers are warning of fertilizer shortages and price increases as the spring planting season gets underway.
https://finance.yahoo.com/personal-finance/banking/article/its-not-just-gas-prices-how-the-iran-war-is-coming-for-your-grocery-bill-135110743.html
= new reply since forum marked as read