Geopolitical conflicts, such as the war with Iran, can significantly impact energy markets by disrupting supply chains and increasing prices, as demonstrated by gas prices rising approximately one dollar per gallon in the Midwest within just seven days of the conflict's onset.
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Trump administration reviewing peace proposal from IranAdded:
We are now more than 2 months into the war with Iran and tonight there still appears to be no decision from the Trump administration on a new 14-point peace proposal submitted by Iran. President Trump's edits to the proposal reportedly include changes related to the the Strait of Hormuz and the removal of highly enriched uranium which Iran could potentially use to develop a nuclear weapon.
>> Any deal that the president is willing to make, he's only going to make it if he believes it's a great deal for our country and the security of the world.
>> The conflict has contributed to rising gas prices. In the Midwest, prices have climbed about a dollar a gallon just in the last 7 days. In San Diego County, gas prices seem to be trickling down.
According to AAA, gas dropped another cent overnight to six just just under a $6. It's down 8 cents in the last week, but it's still well over a dollar more than before the war with Iran started. And we are working for you helping you find the least expensive gas prices across San Diego County. Just text the word gas to 858-571-8888.
We will send you a link to a map with the lowest prices.
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