InternationalNewsAPI
Gas prices pass $3.50 per gallon to highest level since 2024 amid U.S.-Iran war - CNBC
Overview
Crude surged past $100 a barrel early in the conflict, pushing the national gas average above $3.50 per gallon and higher in many regions. Those fuel spikes are now expected to show up in April CPI, which is forecast to reach a nearly three-year high, adding to consumer and transport cost pressures. The disruption is producing uneven regional effects and could keep pump prices elevated while the Strait of Hormuz remains constrained.
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ORGCNBCLOCUnited StatesLOCIran
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