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Brent crude hits $116/barrel, nearing its Iran war peak, as U.S. fuel costs surge 40% year-over-year to $4.29/gallon.
Brent crude hits $116/barrel, nearing its Iran war peak, as U.S. fuel costs surge 40% year-over-year to $4.29/gallon. This comes amid fears of renewed fighting after the midterms, with additional fuel spending projected to reach $142 billion this year, according to Brown University researchers. Michigan and Ohio saw the largest weekly gasoline price increases.
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