ST. LOUIS, MO – September 21, 2026 (STL.News) Oil above $100 a barrel is painful. Higher gasoline and diesel prices affect household budgets, transportation, manufacturing, agriculture and virtually every business that moves goods from one place to another. But investors and consumers should distinguish between a genuine short-term energy disruption and evidence that today’s elevated prices represent a permanent new reality. The war involving the United States, Israel, and Iran has created real problems for global energy markets. The Strait of Hormuz remains dangerous. Shipping traffic has been severely disrupted. Freight and insurance costs have increased dramatically, and attacks…Source…
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