How High
Oil prices briefly reached over $120 a barrel, a wartime high, before slightly declining, driven by geopolitical tensions involving Iran. The spike is linked to comments from former President Donald Trump regarding a U.S. blockade of Iranian ports. Consumers are beginning to feel the impact of higher global oil prices at the pump.
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Oil prices How High Plus: FISA reauthorization passes the House, a very capitalist museum, escalation in the redistricting wars, and more... Christian Britschgi | 4.30.2026 9:30 AM Share on FacebookShare on XShare on RedditShare by emailPrint friendly versionCopy page URL Add Reason to Google Media Contact & Reprint Requests <img src="https://d2eehagpk5cl65.cloudfront.net/img/c800x450-w800-q80/uploads/2026/04/sipaphotostwentysix592717-800x450.jpg" style="max-width: 100%; height: auto" width="1200" height="675" title="California gas prices" alt="California gas prices | Weston Hancock / SIPA/Newscom" /> (Weston Hancock / SIPA/Newscom) High prices. Oil prices briefly hit a wartime high of over $120 a barrel, before falling slightly, reports The New York Times.
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