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Middle East Oil Crisis Begins Hitting Michigan Gas Prices, Freight Costs And Factory Budgets
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Middle East Oil Crisis Begins Hitting Michigan Gas Prices, Freight Costs And Factory Budgets
Global Conflict Is Now Reaching Michigan’s Economy ANN ARBOR – Michigan may be thousands of miles from the Strait of Hormuz, but the impact of the growing Middle East oil crisis is already showing up at gas stations, freight terminals, factory floors and household budgets across the state. Global oil prices surged again this week after hopes for a diplomatic breakthrough between the United States and Iran faded following renewed military escalat…
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