Syria Fallout: Expect Volatile Gas Prices

The U.S. stock market has seen the biggest sell-off since May last year, and overnight the wholesale price of gas jumped up 10 cents, a cost that may or may not be passed on to consumers at the pump.

Markets watcher Phil Flynn says the crisis in Syria is “not a positive” on the global economy.

He says Syrian volatility might even cause the Federal Reserve to delay its plans to end its stimulus efforts if the economy falters. 

• Read Phil Flynn’s blog post about Syrian oil prices

Guest

• Phil Flynn,senior market analyst for the Price Futures Group, and author of “The Energy Report.” He tweets @EnergyPhilFlynn.

Copyright 2021 NPR. To see more, visit https://www.npr.org.