One can’t help but the notice the price of fuel at the pumps rising.
It seemed as if there was a steady rise recently, then those rises started to become jumps.
The surging crude price on the open market is apparently risking a major oil shock to the global economy. There are varied reasons for the sudden leap upwards - geopolitical worries, and supply constrictions combining to create perfect conditions where market traders are scrambling to catch up on the speculative bubble created by commodity hedge funds.
With imminent sanctions from the US on Iran in the pipeline, watch the headlines for the price spikes ahead.
