Business
Gasoline Prices Surge Amidst Ongoing Conflict
U.S. gasoline prices have surged to $4.53 a gallon, up 31 cents in the past week due to ongoing conflict with Iran and its closure of the Strait of Hormuz.
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The Hill
The average price of gasoline in the U.S. reached $4.53 a gallon on Wednesday, according to AAA, an increase of 31 cents in a week and 50 percent since the U.S. and Israel began their war against Iran. Iran has responded by closing the Strait of Hormuz, a crucial oil and energy waterway, with the...
2026-05-06 14:48 UTC