Iraq turmoil could boost gas prices - KXXV Central Texas News Now

Iraq turmoil could boost gas prices

If oil prices keep heading north analysts predict prices at the pumps could jump more than 20 cents in the next couple weeks. (Source: CNN) If oil prices keep heading north analysts predict prices at the pumps could jump more than 20 cents in the next couple weeks. (Source: CNN)
  • InternationalMore>>

  • Taliban attack kills top Afghan officials, US general unhurt

    Taliban attack kills top Afghan officials, US general unhurt

    Thursday, October 18 2018 11:28 AM EDT2018-10-18 15:28:48 GMT
    Sunday, October 21 2018 8:45 AM EDT2018-10-21 12:45:34 GMT
    (AP Photo/Massoud Hossaini, File). FILE - In this Aug. 4, 2016 file photo, Gen. Abdul Raziq, Kandahar police chief, speaks during an interview with The Associated Press in Kandahar, Afghanistan. Three top Kandahar officials, including Raziq, were kille...(AP Photo/Massoud Hossaini, File). FILE - In this Aug. 4, 2016 file photo, Gen. Abdul Raziq, Kandahar police chief, speaks during an interview with The Associated Press in Kandahar, Afghanistan. Three top Kandahar officials, including Raziq, were kille...
    Deputy governor says three top officials in Afghan province of Kandahar killed by their own guards, and a Taliban spokesman says Washington's top general in Afghanistan was the target.More >>
    Deputy governor says three top officials in Afghan province of Kandahar killed by their own guards, and a Taliban spokesman says Washington's top general in Afghanistan was the target.More >>
  • The Latest: Trump: I do find Saudi explanation credible

    The Latest: Trump: I do find Saudi explanation credible

    Friday, October 19 2018 5:59 AM EDT2018-10-19 09:59:14 GMT
    Sunday, October 21 2018 8:51 AM EDT2018-10-21 12:51:40 GMT
    (Cem Ozdel/Turkish Foreign Ministry via AP, Pool). Turkey's Foreign Minister Mevlut Cavusoglu speaks to the media after a meeting with U.S. Secretary of State Mike Pompeo at the Esenboga Airport in Ankara, Turkey, Wednesday, Oct. 17, 2018.  Pro-governm...(Cem Ozdel/Turkish Foreign Ministry via AP, Pool). Turkey's Foreign Minister Mevlut Cavusoglu speaks to the media after a meeting with U.S. Secretary of State Mike Pompeo at the Esenboga Airport in Ankara, Turkey, Wednesday, Oct. 17, 2018. Pro-governm...
    The Latest: Turkey's top diplomat says Ankara hasn't shared audio from missing writer Khashoggi's disappearance with US.More >>
    The Latest: Turkey's top diplomat says Ankara hasn't shared audio from missing writer Khashoggi's disappearance with US.More >>
  • Taiwan train derailment kills 17, injures 101

    Taiwan train derailment kills 17, injures 101

    Taiwan's railway administration says 17 people were killed and 101 injured after a train derailed.More >>
    Taiwan's railway administration says 17 people were killed and 101 injured after a train derailed.More >>

(CNN) - The escalating conflict in Iraq could drive gas prices higher.

Militant Islamists have captured several major Iraqi cities and are trying to push into Baghdad.

As the violence increased on Thursday oil futures climbed to $106 a barrel.

That's a 2 percent increase and the highest level since last September.

If oil prices keep heading north analysts predict prices at the pumps could jump more than 20 cents in the next couple weeks.

The national average for gas is currently $3.65 a gallon.

Copyright 2014 CNN. All rights reserved.

  • Iraq turmoil could boost gas pricesMore>>

  • Iraq Crisis

    Iraq Crisis

    The terrorist group ISIS has taken over multiple cities in Iraq. Since the U.S. troop withdrawal almost 2 1/2 years ago, the level of day-to-day violence Iraqis experience has increased.More >>
    In stunningly quick fashion, the terrorist group ISIS has taken over multiple cities in Iraq. Since the U.S. troop withdrawal almost 2 1/2 years ago, the level of day-to-day violence Iraqis experience has increased.More >>
Powered by Frankly