Published • loading... • Updated
US Gas Prices Hit an Average of $4 a Gallon Again as the US and Iran Launch Attacks
AAA says the national average is back to $4 a gallon as renewed attacks push crude higher and add pressure to household fuel budgets.
- On Monday, the US national average for regular gasoline hit $4 per gallon, according to the American Automobile Association , as fighting between the US and Iran intensified.
- Renewed hostilities between the US and Iran further disrupted energy flows through the Strait of Hormuz, causing prices to rise after a brief mid-June decline.
- Benchmark Brent crude rose 3.2% to $90.95 per barrel on Monday, while US crude climbed 2.8% to $84.04 per barrel, directly impacting retail fuel costs.
- Maritime intelligence provider Kpler warned that coordinated pressure on major oil routes and direct tanker targeting create structural supply risks with no spare capacity to replace 25% of global supply.
- Before November midterm elections, rising costs remain a liability for President Donald Trump, with polls showing 51% of Americans hold his administration responsible for gas prices.
Insights by Ground AI
Podcasts & Opinions
338 Articles
338 Articles
Las Vegas Valley gas prices primed to further rise as world events affect oil costs
The Las Vegas Valley has seen gasoline prices spike by 14 cents in the past week as multiple conflicts overseas rage on, with the potential to hit $5 a gallon not out of the question.
·Las Vegas, United States
Read Full Article
War with Iran keeps gas prices over $4 a gallon nationwide
The U.S. price of a gallon of regular grade gasoline remained above $4 a gallon for the fifth consecutive day on Friday as escalating Middle East tensions and low domestic oil inventories put downward pressure on American fuel supplies.
·Washington, United States
Read Full Article
iosconews.com+25 Reposted by 25 other sources
Drivers pay more as gas tops $4 nationwide
(The Center Square) – The U.S. price of a gallon of regular grade gasoline remained above $4 a gallon for the fifth consecutive day on Friday as escalating Middle East tensions and low domestic oil inventories put downward pressure on…
Coverage Details
Total News Sources338
Leaning Left54Leaning Right42Center169Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 20%
C 64%
R 16%
Factuality
To view factuality data please Upgrade to Premium
