It's hilarious that you had to say since 2022, lol. If you could have skipped the O'Biden disaster, you could have said 'since 2014. Then, if you could have skipped Obama, you could have said, since 2008 when oil jumped to a staggering $147 a barrel, up from $70 less than a year earlier. Why the big spike back in July of 2008?
@Grok:
Geopolitical tensions and supply fears — Ongoing Middle East instability (Iran nuclear concerns, threats of Israeli strikes), Nigerian violence disrupting exports, and fears of broader disruptions added a large "fear premium" to prices.
Pesky details.