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
ANN ARBOR — A sudden escalation in Middle East tensions is rippling through the global economy, and Michigan businesses may soon feel the impact in the form of higher fuel costs, rising prices, and renewed pressure on supply chains. The flashpoint is the Strait of Hormuz, a narrow shipping corridor that handles roughly one-fifth of
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
