Midwest gasoline prices spike as Iran war drives US fuel costs higher
Updated
Updated · Bloomberg · May 10
Midwest gasoline prices spike as Iran war drives US fuel costs higher
10 articles · Updated · Bloomberg · May 10
Ohio has seen the sharpest jump, with gasoline up 72% in 10 weeks, while Indiana, Illinois, Michigan and Wisconsin also recorded steep increases.
The rise comes at a politically sensitive time, increasing pressure on consumers in Midwestern states seen as important to Republicans' effort to retain control of Congress in November.
US gasoline prices have risen nationwide since the conflict began, but the Midwest has borne the brunt, with Ohio's increase running about double California's gain.
Why are Midwest gas prices surging at double the rate of other states amid a global oil crisis?
With fuel costs spiking fertilizer prices, how will this energy crisis ultimately impact your family's grocery bill?
What permanent solutions can insulate the U.S. economy from future disruptions in the Strait of Hormuz?