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Rising Oil Prices Expected to Impact Gas Costs in El Paso

KTSM••Rachel Frazin
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Recent military actions by the U.S. and Israel against Iran have led to a notable increase in oil prices, which are projected to affect gasoline costs for consumers in El Paso. As of Monday, Brent Crude oil prices rose to approximately $77 per barrel, a significant jump from $71 just a week prior and $66 a month ago. This increase in oil prices could result in higher prices at the pump, impacting local residents and businesses. El Pasoans should prepare for potential fluctuations in fuel costs in the coming weeks.

Key Details: • Brent Crude oil reached $77 per barrel as of Monday. • Gas prices in El Paso may rise due to increased oil costs. • Consumers should monitor fuel prices closely in the upcoming weeks.

economy oil iran prices gasoline

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