"The national average for a gallon of regular gasoline is now $4.02 - over a dollar more than before the war began, marking the highest prices since 2022."
"Since the U.S. and Israel launched a joint war against Iran on Feb. 28, the cost of crude oil has spiked and swung rapidly due to supply chain disruptions."
"Higher gas prices are impacting consumers and businesses as many households continue to face wider cost of living strains, forcing budget cuts in other areas."
"A recent AP-NORC poll found that 45% of U.S. adults are 'extremely' or 'very' concerned about being able to afford gas in the next few months."
U.S. gas prices have reached an average of $4.02 per gallon, the highest since 2022, driven by the Iran war. Prices vary by state due to supply and tax differences. The conflict has disrupted oil supply chains, causing crude oil prices to rise. Higher gas prices are straining household budgets and could lead to increased costs for other goods and services. Concerns about affordability are rising among U.S. adults, particularly in the context of the midterm elections.
Read at Fortune
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