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Gas Prices Surge Amid Middle East Tensions | Salt Lake City News
Gas prices are surging back over $4 a gallon, with experts warning $6 could be at the pump by Labor Day—driven by renewed U.S.-Iran tensions that are rattling global oil markets. Crude oil prices have jumped to $82-$83 a barrel as key shipping lanes face disruption and production cuts, tightening supply and fueling inflation. Energy economist Ed Hirs, who predicted $6 gas in February, says his forecast still holds—and warns demand from China could add more pressure. Iran’s disruption tactics and reliance on alternative routes are compounding the crisis, while rising fuel costs are hitting…
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