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Latin Times
Latin Times
Business

Another Gas Price Shock Could Be Coming As Analysts Warn Oil Disruptions Are Deepening

American drivers could soon face another wave of higher fuel costs as analysts warn that worsening disruptions in global oil markets may push gasoline and diesel prices sharply higher.

The latest concerns stem from damage to Saudi Arabia's East-West pipeline, continued attacks on energy infrastructure in the Middle East, and uncertainty surrounding oil shipments through the Strait of Hormuz, one of the world's most important routes for global crude exports.

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