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Crude oil tops $100 a barrel, increasing prices at the pump

Crude oil tops $100 a barrel, increasing prices at the pump
Key Points

An escalation of fighting around the Strait of Hormuz pushes the benchmark price of crude oil back above $100 per barrel. That's leading to higher prices at the gas pump, just ahead of a high-profile inflation report.

An escalation of fighting around the Strait of Hormuz pushes the benchmark price of crude oil back above $100 per barrel. That's leading to higher prices at the gas pump, just ahead of a high-profile inflation report.

the Strait of Hormuz (LOCATION)
Originally published by NPR Business Read original →