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US-Iran War: US Gas Prices Hit $4 Per Gallon Amid Crisis

Gasoline prices in the United States have surged past $4 per gallon for the first time since 2022 as the ongoing US-Iran war disrupts global oil supplies and fuels market uncertainty. The spike follows tensions around the Strait of Hormuz, a vital route for nearly one-fifth of the world’s oil shipments. Analysts warn that continued instability in West Asia could push fuel costs even higher, adding pressure on households, transport sectors, and global inflation trends.