U.S. Average Gas Price Tops $4 as U.S.-Iran Conflict Disrupts Oil Markets
Gas prices in the United States have surpassed $4 per gallon as the conflict between the U.S. and Iran intensifies. According to AAA data, this marks the first time in over a month that the national average has crossed this threshold. The escalation in hostilities has disrupted oil supplies, particularly affecting the Strait of Hormuz, a critical chokepoint for global oil shipments. The increase in fuel costs is also impacting diesel prices, which are crucial for the transportation of goods across the country.