
Event Overview
California gas prices hit $6 per gallon as fuel costs jump nearly 30 cents in a week across the U.S.
Fuel costs are rising after it gas became clear that Iran is not reopening the Strait of Hormuz, one of the most important oil export corridors in the world. This cluster currently includes 2 articles from 2 sources.
This cluster currently includes 2 articles from 2 sources. Sources in this event include CNN, CNBC.
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Oil briefly touches $126, its highest price in four years | CNN Business
Oil briefly surpassed $126 a barrel Thursday, its highest price in four years, as some traders worried about an escalation in the US-Iran war that would keep the Strait of Hormuz effectively shut. Brent crude, the global benchmark, surged overnight to touch $126.41 a barrel, before falling to $115.8 a barrel, as.

California gas prices hit $6 per gallon as fuel costs jump nearly 30 cents in a week across the U.S.
Fuel costs are rising after it gas became clear that Iran is not reopening the Strait of Hormuz, one of the most important oil export corridors in the world.