The cost of filling up your car is soaring across much of the U.S as the Ukraine crisis further drives up oil prices.
Highlights
- The cost of filling up your car is soaring across much of the U.S.
- as the Ukraine crisis further drives up oil prices.
- Oil prices continue to rise as the war with Ukraine intensifies, experts say.
- The current national average price of gas is $3.61 per gallon, up 26 cents from February and roughly a dollar from a year ago.
- The price of Brent crude oil, the international benchmark, rose to nearly $113 a barrel on Wednesday, its highest level since 2014.
- Experts say the Russia-Ukraine war will “intensify global” inflation pressures by pushing up oil and gas prices, Fitch’s Brian Coulton said.