Unrest in Middle East may cause oil prices to spike

Gas prices in the US are already on the rise as warm weather begins to stick around, but Iran's recent attack on Israel could cause the cost of oil to rise more. Ukrainian drones have also struck 18 Russian refineries this year. Americans are paying 20 cents more per gallon of gas compared to this time last month.

Gas prices on the rise again

As the weather warms up and people start to plan road trips, they'll notice gas prices are higher than usual. We see gas go up in the summer as companies switch to summer gas and refineries undergo maintenance… but inflation is hitting beyond just the seasonal changes.