Summary
Gas prices in the United States have reached an average of $4 per gallon. This increase is linked to a recent conflict in Iran, which has affected oil supplies.
Key Facts
- The U.S. average gas price is now $4 per gallon.
- Gas prices rose 35% since the conflict in Iran began.
- The Strait of Hormuz, a key route for oil, is mostly closed to ships, affecting global supplies.
- Around 20% of the world's oil supply passes through this strait.
- Oil prices climbed over $100 a barrel since the conflict started.
- The gas prices a month ago averaged $2.98, and a year ago, $3.17.
- 48% of Americans blame President Trump and his administration for the price increase, according to a poll.
- 87% of polled people expect gas prices to continue rising if the conflict persists.
