As the conflict in Iran stretches into its second month, the price of locally produced crude oil has surged past the $100 mark, sending shockwaves through the region’s fuel markets. On Friday, the posted price at the CountryMark Refinery in Mt. Vernon climbed to $104.34 per barrel—an increase of more than $47 per barrel since February 28, the day the conflict began.
The sharp rise in crude oil costs is being felt at the pump across Wayne County and surrounding communities. Unleaded regular gasoline now tops $4.19 per gallon at many local stations, well above previous averages. Diesel prices have also spiked.
Local observers say the ongoing tensions in the Middle East have created uncertainty in global oil markets, driving up prices and impacting consumers across the region. Many residents and businesses are bracing for further increases if the conflict continues.