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The Nexus
SECURITYJul 26 · 21:25 UTCKSTP ABC MINNEAPOLISCory Knudsen

Gas prices rising amid conflict in the Middle East

Gas prices are rising due to renewed conflicts in the Middle East, including Iran-backed Houthi rebels fighting Saudi Arabia in the Red Sea. The threats to shipping routes are impacting global energy supplies, with Minnesota's average gas price reaching $4, a 17-cent increase from the previous week. Experts warn of potential new all-time highs in gas and diesel prices.

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