Fallout from Hamas' attack against Israel pushed up oil prices after a roughly weeklong slide — and they could go far higher if the conflict escalates.
Why it matters: Spurred by OPEC's machinations and growing geopolitical risks, crude recently hit its highest levels of 2023. Now gasoline prices, which have been falling of late, could be pressured too, with new inflation risks in tow.
Billions of people are at risk of temperatures exceeding survivability limits if global temperatures increase by 1°C (1.8°F) or more above current levels, a new study warns. Even young, healthy people could find it unbearably hot during part of the year, the study finds.
Driving the news: Regions in the Middle East and South Asia would "experience the brunt of deadly or intolerable conditions," researchers noted. Toward the higher end of warming scenarios, "potentially lethal combinations of heat and humidity could spread" to areas including U.S. Midwestern states.
