The spike in energy prices could be a result of the escalating Middle East conflict, according to a new report The conflict in the Middle East threatens to disrupt the oil supply and subsequently hurt global economic growth in 2024, Fitch Ratings has warned.
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US gasoline prices set a new all-time high on Tuesday, with the national average price for regular unleaded gas rising to $5.016 per gallon, data from the American Automobile Association (AAA), which tracks prices at more than 60,000 gas stations across the country, shows.
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