DETROIT - Michigan drivers already angry over rising gasoline prices may not have seen the worst yet. That blunt warning comes as global energy executives, oil traders, economists, and shipping companies increasingly focus on one narrow waterway half a world away: the Strait of Hormuz. The concern intensified after ExxonMobil CEO Darren Woods warned that
ANN ARBOR - Michigan drivers are already feeling skyrocketing fuel prices at the pump—and it could get worse within days. Gas prices across the state have surged toward $5 per gallon, jumping nearly a dollar in just a couple of weeks. Now, a growing conflict involving Iran is raising the risk of another spike that
DETROIT - Michigan shoppers may soon feel a new wave of price increases at the grocery store—and the cause starts far from the checkout line. Rising fuel costs, driven by global tensions involving Iran, are beginning to ripple through the economy. While drivers are already seeing higher prices at the pump, economists warn the next
