How rising fuel prices impact consumers shopping in stores or online


Rising fuel prices can impact consumers beyond the gas pump. Oil prices have surged more than 40% since the Iran war effectively shut down the Strait of Hormuz. The price hike can impact everything from cargo ships crossing the Pacific to the delivery van pulling up outside your home – and the costs could quickly trickle down to retailers and consumers. Charlie D’Agata has the latest on the war and Kelly O’Grady explains the rising oil prices’ impact on consumers.



Source link

  • Related Posts

    WATCH: Grizzly bear in Canada threatens woman and dog, video shows

    As the bear closed in on them, the woman can be heard yelling to scare it off – and said she threw a cup to distract it. Source link

    3 firefighters killed, 2 injured fighting wildfires near Colorado-Utah border

    Three firefighters died and two were injured while tackling fires on the Colorado-Utah border, the U.S. Wildland Fire Service reported Sunday. The agency — created earlier this year to streamline…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    NASA races to save Swift telescope from falling back to Earth with daring rescue mission

    NASA races to save Swift telescope from falling back to Earth with daring rescue mission

    Will new CRTC rules truly lead to lower bills? – National

    Will new CRTC rules truly lead to lower bills? – National

    Mideast Live Updates: U.S. and Iran Trade Attacks With Few Signs of De-escalation

    Mideast Live Updates: U.S. and Iran Trade Attacks With Few Signs of De-escalation

    USMNT squad is full of leaders for World Cup knockouts, and not just captain Ream

    USMNT squad is full of leaders for World Cup knockouts, and not just captain Ream

    WATCH: Grizzly bear in Canada threatens woman and dog, video shows

    WATCH:  Grizzly bear in Canada threatens woman and dog, video shows

    Why 22 Russian-Built Jets Have Sat Rotting At Mexican Airports Since 2020

    Why 22 Russian-Built Jets Have Sat Rotting At Mexican Airports Since 2020