US gas prices hit an average of $4 a gallon again as the US and Iran launch attacks
Summary
Gas prices in the U.S. have risen back to an average of $4 per gallon. This increase comes as tensions between the U.S. and Iran escalate, leading to new attacks and higher oil prices.Key Facts
- The national average price for regular gasoline is now $4 per gallon.
- A year ago, the average gas price was $3.14 per gallon.
- Gas prices vary by state due to supply differences and state taxes.
- Gas prices first passed $4 per gallon at the end of March but dropped below that in mid-June.
- Prices went down when the U.S. and Iran reached a temporary deal.
- Oil prices have recently increased as the U.S. and Iran move closer to renewed conflict.
- Brent crude oil reached about $90.95 per barrel, and U.S. crude oil hit around $84.04 per barrel.
- President Donald Trump expressed frustration about gas prices not falling as quickly as oil prices.
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