Gasoline prices in the United States rise above $4.50 per gallon for the first time since July 2022, according to market and price data cited by Bloomberg and CBS News. The increases reflect mounting pressure on fuel supplies linked to an ongoing conflict in the Middle East, with Bloomberg describing an “Iran fuel crunch” that contributes to tighter conditions for drivers. CBS News reports that gasoline prices are now about 52% higher than they were before the Iran war began, based on tracking data. It says drivers are paying roughly $1.56 more per gallon than before the conflict. Together, the reports characterize the latest move as part of a broader upward trend in pump prices, with the current level nearing recent highs for the period since 2022. Both outlets focus on consumer impact at the pump and the role of international supply constraints in sustaining higher gasoline costs.
US gasoline prices top $4.50 a gallon amid fuel supply concerns
Gasoline prices in the United States rise above $4.50 per gallon for the first time since July 2022, according to market and price data cited by Bloomberg and CBS News. The increases reflect mounting...
- US gasoline prices exceed $4.50 per gallon for the first time since July 2022.
- The current price level is near the highest seen since mid-2022.
- CBS data says gasoline prices are about 52% higher than before the Iran war.
- CBS reports drivers pay about $1.56 more per gallon than before the Iran war.
- Both reports link the increase to fuel supply concerns tied to the prolonged Middle East conflict.
Gas prices are now 52% higher than prior to the Iran war, with drivers paying $1.56 more per gallon, data shows.
3 months agoUS gasoline prices topped $4.50 a gallon for the first time since July 2022, extending their march higher as drivers face further strain from the prolonged conflict in the Middle East.
3 months ago
Atletico CEO rules out negotiating with Barcelona over Julian Alvarez transfer
Atletico Madrid chief executive Miguel Ángel Gil Marín says the club will “never, ever” negotiate with Barcelona regardi...
Reiss Nelson leaves Arsenal after contract termination by mutual consent
Arsenal and forward Reiss Nelson agree to mutually terminate his contract, leaving him a free agent. The Athletic report...
Good Good Golf co-founder apologizes after backlash over ad featuring violence against woman
Good Good Golf co-founder Garrett Clark apologizes after backlash over an advertisement promoting a co-branded Callaway...