US gas prices hit an average of $4 a gallon again
16 hours ago
- U.S. gas prices returned to an average of $4 per gallon, influenced by escalating U.S.-Iran tensions.
- Prices vary by state due to local factors like supply and taxes, with some states paying over $4.
- Global gas prices remain high due to the ongoing war, impacting economies worldwide.
- Gas prices had previously dipped in mid-June after a U.S.-Iran interim deal but are rising again.
- Higher gas and oil prices contribute to increased costs for groceries and goods, potentially affecting U.S. midterm elections.
- Oil prices surged recently, with Brent crude up 3.2% and U.S. benchmark crude up 2.8%.