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Syndicated article · via theguardian.com

US average fuel price passes $4 a gallon for first time in four years amid Iran war

National average hit $4.02, according to AAA data, capping an extraordinary rise from $2.98 just a month ago Average US fuel prices have crossed $4 per gallon for the first time in four years, piling pressure on drivers …

US average fuel price passes $4 a gallon for first time in four years amid Iran war

National average hit $4.02, according to AAA data, capping an extraordinary rise from $2.98 just a month ago Average US fuel prices have crossed $4 per gallon for the first time in four years, piling pressure on drivers as Donald Trump’s war on Iran continues to boost oil markets. The nationwide average climbed to almost $4.02 on Tuesday, according to AAA…

Key takeaways

Quick scan — what you need to know:

  • National average hit $4.02, according to AAA data, capping an extraordinary rise from $2.98 just a month ago Average US fuel prices have crossed $4 per gallon for the first time in four years,…
  • The nationwide average climbed to almost $4.02 on Tuesday, according to AAA data, capping an extraordinary rise from $2.98 just a month ago.
  • It has not been this high since August 2022.
  • Continue reading...

Background

What led here, in plain terms:

  • National average hit $4.02, according to AAA data, capping an extraordinary rise from $2.98 just a month ago Average US fuel prices have crossed $4 per gallon for the first time in four years,…
  • The nationwide average climbed to almost $4.02 on Tuesday, according to AAA data, capping an extraordinary rise from $2.98 just a month ago.
  • It has not been this high since August 2022.
  • Continue reading...

Why it matters

Why readers and decision-makers should care:

  • National average hit $4.02, according to AAA data, capping an extraordinary rise from $2.98 just a month ago Average US fuel prices have crossed $4 per gallon for the first time in four years,…
  • The nationwide average climbed to almost $4.02 on Tuesday, according to AAA data, capping an extraordinary rise from $2.98 just a month ago.
  • It has not been this high since August 2022.

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