California Gas Prices Surge Past $6 Amid Oil Supply Crunch ...Middle East

Economy by : (OILPRICE) -
Californian retail fuel prices have hit $6.114 per gallon for the first time since 2023 amid the global supply crunch that has exposed the state’s vulnerabilities, notably its dependence on foreign oil supply. California sources close to a third of the crude oil it consumes from the Middle East. The last tanker carrying crude from the region arrived on the California coast at the end of April, delivering 2 million barrels, CBS reported. No other tankers will be arriving anytime soon, as traffic paralysis in the Strait of Hormuz continues.…

Hence then, the article about california gas prices surge past 6 amid oil supply crunch was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( California Gas Prices Surge Past $6 Amid Oil Supply Crunch )

Last updated :

Also on site :

Most Viewed Economy
جديد الاخبار