President Donald Trump’s war in Iran has triggered a surge in global energy markets, sending oil and gas prices soaring.
Oil prices jumped above $115 a barrel, while European natural gas spiked more than 15 percent on Thursday, the Wall Street Journal reported.
Gas prices jumped to about $3.84 a gallon this week—the highest average since late 2023—up sharply from around $2.92 a month ago after Trump launched military action linked to the conflict with Iran.
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