Surging oil prices may challenge the Federal Reserve’s inflation fight Post published:April 6, 2024 Post category:CNBC Source: Oil and Gas U.S. crude oil rallied 4.5% last week, briefly touching $87 a barrel Friday. Full Article: Read More You Might Also Like Spain paints itself as the answer to Europe’s Russian energy problem May 24, 2022 U.S. crude oil rises more than 1%, tops $81 per barrel as rally continues June 18, 2024 Iran opens new oil terminal in bid to bypass crucial Strait of Hormuz for exports July 30, 2021