Energy disruptions set off alarm bells over rising oil and gas prices
Renewed energy market disruptions have triggered panic around the world, sending prices soaring as the Trump administration seeks to quell backlash against the effects of wars in the Middle East.
TL;DR
- Renewed energy market disruptions are causing global panic and price increases.
- US gas prices have risen over the last week, averaging $4.37 per gallon.
- Gas prices vary significantly by state, from $6.04 in California to $3.75 in Indiana.
- The Trump administration is facing backlash and trying to address the effects of Middle East wars on energy prices.