Source: New York Post
The impact of the US-Israeli airstrikes in Iran could lead to dramatic swings in global oil markets — potentially sending California’s steep gas prices even higher. While markets were expected to remain stable Saturday and Sunday, next week could see major disruptions in Middle Eastern oil supplies as uncertainty remains in the wake of the deadly attacks. Adding to the trouble for Golden State motorists are the recent closures of oil refineries in the state, reducing local fuel supplies and increasing dependence on foreign imports.
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