7-29-26 AFTERNOON RUSH - $8 Gas?! Oil Shock Escalates as U.S. Ship Attacked

Oil prices are climbing again, and the big question is whether Americans could soon be staring down $8-a-gallon gasoline if the Middle East conflict continues to spiral. In this afternoon edition of The Rush Hour, Dave Neal breaks down what's driving the latest surge in crude prices, what experts are watching next, and how the disruption of global shipping lanes could ripple through the U.S. economy. Recent market moves reflect renewed fears over supply disruptions as the Iran conflict intensifies.

We'll also cover the attack on a U.S.-owned vessel in Egypt's Damietta Port, where a suspected drone strike sparked explosions and raised fresh concerns that the conflict is spreading beyond Iran and the Persian Gulf. Officials are still investigating the incident, but it marks another alarming escalation in a region already under immense pressure.

Plus, the latest developments in the war with Iran: renewed missile attacks, U.S. military responses, and what today's events could mean for oil markets, global security, and the possibility of even wider regional involvement. If this conflict continues to disrupt energy infrastructure and shipping routes, the economic consequences could be felt far beyond the Middle East.

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