BUSINESSAXIOS
U.S. average gas price hits $4 a gallon
U.S. average gas prices have reached $4 per gallon, marking a 35% increase since the Iran war began, driven by oil prices exceeding $100 per barrel. Regional disparities exist, with California at $5.88 and Oklahoma at $3.27, while global tensions over the Strait of Hormuz continue to strain oil supplies.
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