Axios
U.S. average gas price hits $4 a gallon
U.S. average gas prices have hit $4 per gallon nationwide, per AAA. Why it matters: It's a 35% increase at the pump since the war in Iran began last month, and there's little hope that costs will ease as the Strait of Hormuz remains closed to most ships, straining supplies worldwide. Approximately 20% of the world's oil supply travels through the Strait. Driving the news: Oil prices have surged
A
Source
Axios
Read full article at Axios
Opens original article in a new tab
Advertisement
