"Rubio stated that the US was very fortunate as a net exporter of oil, which is not as reliant as other countries on oil from the Middle East. He added, 'We've been insulated to some degree.'"
"Average fuel prices in the US now stand at $4.48 per gallon, according to AAA, frustrating drivers and exacerbating affordability concerns. A year ago, they were just under $3.17."
"Rubio claimed that fuel prices would be even higher, about $8 or $9 a gallon, if Iran had a nuclear weapon and decided to close the strait of Hormuz."
Fuel prices in the US have reached their highest level in four years, approaching $4.50 per gallon. Marco Rubio stated that the US is fortunate as a net oil exporter, making it less reliant on Middle Eastern oil. Despite rising prices, he believes the US is more insulated than other countries. Global oil prices surged following the US-Israel conflict with Iran, which has disrupted oil supplies. Rubio projected that prices could be even higher without US intervention, emphasizing the vulnerability of global oil markets.
Read at www.theguardian.com
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