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Oil Soars as Global Costs Rise | Charlottesville News
Brent crude just soared past $100 a barrel, sending shockwaves through everyday costs—from gas and groceries to back-to-school budgets. The spike is fueled by escalating Middle East tensions, particularly attacks on Red Sea tankers disrupting global oil flows. While oil climbs, major stocks like Tesla and Alphabet are falling, creating market chaos. Meanwhile, the president’s new pledge aims to shield consumers from rising utility bills, especially those tied to AI data centers. With global supply instability and domestic policy responses colliding, wallets are bracing for impact. Listen in…
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