Why fuel prices may go higher still

Oil-related prices are high, but poised to go even higher. Afry Harvy/iStock / Getty Images Plus If you think your energy costs are high now, the situation may be about to get a whole lot worse. With traffic in the Strait of Hormuz – normally the primary route for oil leaving the Middle East – hovering below 15% of prewar levels, oil prices have increased from US$65 a barrel before the conflict in Iran began in February 2026 to more than $100 a barrel in mid-September. When the U.S. and Israel first attacked Iran, analysts feared prices would soon reach $150 or even $200 a barrel. That hasn’t

Read the full story at The Conversation

• At least 19 elephants die in southern Kenya's Amboseli ecosystem from unexplained condition
• Salvors head to Oman as oil spill from sanctioned tanker Caroline Bezengi reaches coastline
• Why children are more vulnerable to heat and how to protect them
• WHO chief warns DRC Ebola outbreak on course to surpass deadliest on record
• Analysis: Iran's constitution prioritizes regime survival over anti-American ideology, making a deal possible
• NBC News Correspondent to Host Subscriber Q&A from Jeddah as Maritime Coalition Holds First Meeting