Gas Prices Have Jumped 46 Percent Since Start of Iran War
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Gas Prices Have Jumped 46 Percent Since Start of Iran War
"Gas prices in the United States have reached their highest levels in years, with the average cost of regular grade gasoline standing at $4.30 per gallon, the highest since July 2022."
"The current cost for gas is 46.4 percent higher than where prices stood a week before the unauthorized war began, and represents a 38.3 percent increase since the start of Trump's second term in office."
"Nearly 7 in 10 Americans describe rising gas costs as 'extremely' or 'very' concerning, reflecting widespread anxiety over the impact of high fuel prices."
Gas prices in the U.S. have surged to their highest levels in years, reaching an average of $4.30 per gallon. This increase is attributed to the ongoing conflict between the U.S. and Iran, which has led to restricted maritime traffic through the Strait of Hormuz. Prices have risen 46.4% since the war began and 38.3% since Trump's second term started. Despite Trump's campaign promise to lower gas prices to $2 per gallon, they have not approached that level. Many Americans express significant concern over rising gas costs.
Read at Truthout
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