Gasoline prices in the United States jumped seven cents to $3.32 a gallon, on average, on Friday, the latest in a series of price increases in the week since the start of the war led by the United States and Israel against Iran.
That was the highest since September 2024, according to the AAA motor club, and could become a political problem for President Trump, who has frequently boasted about how gasoline prices have fallen during his second term, and exaggerated the extent of the decline. After the recent gains, prices are now higher than when this term began.
The price of gas has risen by 34 cents, or about 11 percent, over the past week.
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While the US and Israel are delivering some punishing blows in Iran, Iran continues to successfully attack US military and intelligence targets in the Persian Gulf countries and is pummeling Israel.
Since February 28, 2026, amid escalating US-Israeli strikes on Iran and Iranian retaliatory attacks (including drone and missile strikes on US diplomatic facilities and regional bases), the US State Department has ordered the closure or indefinite suspension of operations at several US embassies in the Persian Gulf and broader Middle East region.
(The Patiot and Iron Dome cannot stop maneuverable Iranian missiles. I saw 11 Iron Dome miss an incoming missile. And I saw 3 Patriots miss an incoming missile. The US will run out of air
defense missiles in a week. Israel will threaten nuclear war.)
https://sonar21.com/the-failure-of-us-and-israeli-air-defense/
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The global LNG shipping market has turned sharply higher in recent days, with charter rates for modern LNG carriers surging from roughly $40,000 last week to around $300,000 per day as traders scramble to secure vessels amid escalating disruption in the Middle East.
According to shipbroker Fearnleys’ latest weekly LNG report, cited by Riviera Maritime Media, daily spot charter rates for 174,000-cubic-meter LNG carriers along the U.S. Gulf-Europe route have climbed to approximately $300,000 per day, up about $260,000 compared with last week. Rates on the key U.S. Gulf-Asia route covering Japan, South Korea, Taiwan and China have also surged to $300,000 per day from $42,000 on February 25, while the Australia-to-Asia route has risen to roughly $255,000 per day.
Fearnleys said charterers are now paying as much as 10 times last week’s levels to secure prompt tonnage as the market braces for a potential disruption of LNG flows from the Middle East.
https://oilprice.com/Latest-Energy-News/World-News/LNG-Shipping-Rates-Soar-650-to-300000-Per-Day.html
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Oil prices surged again on Friday, putting crude on track for its biggest weekly gain in years as disruptions to Middle East supply and tanker traffic through the Strait of Hormuz rattle global energy markets.
Brent crude was trading above $88 per barrel in early trading, up more than 4% on the day, while U.S. benchmark West Texas Intermediate climbed to roughly $85.90 per barrel, gaining more than $4.80. Murban crude — a key Middle Eastern benchmark — was approaching the $100 mark at $99.60 per barrel.
The rally caps a week in which oil prices have jumped sharply amid escalating tensions tied to the conflict involving Iran and the United States, and growing fears over the security of shipping through the Strait of Hormuz.
https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Surge-Toward-90-as-Middle-East-Tensions-Escalate.html
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"Make Iran Great Again!"... but at what cost?
(TALK ABOUT DELUSIONAL. HTRUMP IS ONE WEEK AWAY FROM EITHER A US DEFEAT OR AN ISRAELI NUCLEAR WAR.)
https://www.zerohedge.com/geopolitical/tehran-rocked-heaviest-bombardment-yet-iranian-missiles-israel-slow-pezeshkian-says
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The Family Grocery and Farmer Relief Act would ban meatpackers from controlling more than one type of meat. Some in the industry call it ‘absurd.’
https://www.zerohedge.com/geopolitical/first-china-linked-ship-now-us-sanctioned-gas-tanker-transits-hormuz-chokepoint
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He recently followed through by buying about $15.3 million of Berkshire stock...
https://www.zerohedge.com/markets/berkshire-ceo-greg-abel-commits-salary-buying-company-stock
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Nancy Mace Confirms RINOs TEAMED UP with Democrats to KILL Her Subpoena on Ilhan Omar’s Immigration Fraud Records — “That’s Congress for You… Because Both Sides Protect the Other”https://www.thegatewaypundit.com/2026/03/outrageous-nancy-mace-confirms-rinos-teamed-up-democrats/
#1: Esso To: Horse (#0)
Esso posted on 2026-03-06 11:59:13 Reply Private Reply
#2: Esso To: Horse (#0)
Esso posted on 2026-03-06 14:12:30 Reply Private Reply
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ghostrider posted on 2026-03-06 14:53:36 Reply Private Reply
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#5: ghostrider To: Horse (#0)
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#6: ghostrider To: Esso (#4)
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#7: Esso To: ghostrider (#5)
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#8: ghostrider To: Esso (#2)
these are priced to sell
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