Brent crude nears peak levels during the Iran war, leading to a surge in fuel costs in the United States
2026-10-23 23:20:43
CoinMeta data: The price of Brent crude oil has reached $116 per barrel, close to the peak during the Iran war, due to increased concerns about renewed conflicts after the mid-term elections. The price of gasoline in the United States is $4.29 per gallon, up 40% year-on-year. According to data from researchers at Brown University, additional fuel expenses this year are expected to reach $142 billion, with the largest increases in gasoline prices in Michigan and Ohio.
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