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Oil prices just hit $100 a barrel again. Here’s what that could mean for consumers

6 0
23.07.2026

Oil prices just hit $100 a barrel again. Here’s what that could mean for consumers

Beyond paying higher prices at the gas pump, consumers may need to brace for higher inflation and a potential Fed rate hike.

[Photo: Elke Scholiers/Getty Images]

Brent crude oil prices hit $100 a barrel on Thursday for the first time since May, after reports that Yemen’s Iran-backed Houthis struck two Saudi oil tankers in the Red Sea. The attacks........

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