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Oil expert warns of 'nightmare scenario’ war could spark

Season 2026 Episode 52 | 6m 23s

It was a day of major volatility in global energy markets and a moment of real concern for consumers. Oil prices surged overnight, coming close to $120 a barrel, but by the end of the trading day prices had fallen sharply. Still, the national average price of gasoline per gallon has risen nearly 50 cents since the Iran conflict began. Geoff Bennett discussed the developments with Daniel Yergin.

Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Consumer Cellular and Cunard Cruise Line. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
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