March 3, 2026
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3:51Now PlayingThe price of crude oil will jump on expectations that the Iran conflict will continue for at least a few weeks. Tanker traffic is mostly halted through Strait of Hormuz, which carries 20% of world’s crude oil supplies. Across the U.S., predictions are that gas prices will rise between 10 to 30 cents a gallon, but likely temporarily, and still lower than one year ago.
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