Surging oil prices may challenge the Federal Reserve’s inflation fight Post published:April 7, 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 Iran opens new oil terminal in bid to bypass crucial Strait of Hormuz for exports July 30, 2021 Jim Cramer’s top 10 things to watch in the stock market Tuesday April 11, 2023 SunPower stock collapses below $1 as company halts leases, installations and shipments July 20, 2024