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    By Steve Kopack The price of oil surged Sunday after U.S. and Israeli strikes on Iran, which killed its supreme leader. U.S. crude oil initially soared more than 10%, while Brent, the international oil benchmark, surged as much as 13% when trading opened on Sunday. The rally moderated after a few hours but both were still up more than 5% as of 10:20 p.m. ET. For U.S. crude oil, the move pushed prices higher by more than $3 per barrel. Even before the weekend’s escalation, oil prices had risen 17% this year off President Donald Trump’s ramped-up rhetoric against the Iranian regime. The Trump The post Higher gas prices are likely coming to the pump after oil prices jump in wake of U.S. strikes in Iran appeared first on HBCU News.
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