A Modest Rise at the Pump—But Don't Be Fooled Industry analysts are sounding the alarm on a slight uptick in gasoline prices, with projections suggesting a $3-per-barrel increase in crude, translating to less than 10 cents per gallon at the pump. That may sound manageable, even trivial. But the framing here is deceptive. Brent crude currently hovers around $60.75 per barrel, with West Texas Intermediate at $57.79—both significantly below their 2023 highs. But the question isn’t where prices are now—it’s how sustainable these levels are in the face of compounding global threats. Iran and the Strait of Hormuz: The Real Flashpoint What’s far more pressing than Venezuela’s oil woes is the geopolitical tinderbox in Iran. Roughly 20% of the world's…
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