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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.

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