Tensions are increasing in the Middle East following the Iran attack, leading to potential increases in gasoline prices and groceries prices. University of Houston energy expert Ramanan Krishnamoorti predicts that within days, drivers will notice a 10% increase in prices. This could occur as refineries factor higher crude costs into supply. Krishmooth adds that higher fuel costs can also increase the cost of transporting goods, which can result in higher prices at the grocery store. While rising prices can be painful for everyday families, oil companies and investors can benefit from the increase in crude prices.