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Gas Prices Soar Amid Global Tensions | Raleigh News
Gas prices are hitting record highs again, up 45% this year and 10% since July 4th, with August averages soaring past $4.60 a gallon — defying seasonal dips. Global tensions with Iran keep fuel costs elevated, as U.S. naval escorts deter attacks in the Persian Gulf, while crude benchmarks climb. States like California and Hawaii now pay over $5 a gallon, while Indiana hovers around $3.56 — a stark reminder of how geopolitics directly impacts your wallet. Meanwhile, energy stocks soar over 40% this year, with ExxonMobil and ConocoPhillips leading the charge, even as broader markets slump…
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