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Gasoline Prices Skyrocket to New High: Map Shows Averages Across Country

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#gasoline prices#inflation#iran tensions#oil markets#us economy
Gasoline Prices Skyrocket to New High: Map Shows Averages Across Country
⚡ TL;DR · AI summary

The average price of gasoline in the U.S. has risen to $4.18 per gallon, the highest in nearly four years, driven by global tensions involving Iran and oil market volatility. Prices have increased over a dollar compared to last year, with regional highs in California and lows in Oklahoma. The spike has become a political issue, with a poll showing over half of Republicans blaming President Trump. The White House claims prices will eventually fall as peace efforts progress and American energy production expands.

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Newsweek
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By Anna CommanderDeputy News EditorShareNewsweek is a Trust Project memberSee more of our trusted coverage when you search.Prefer Newsweek on Googleto see more of our trusted coverage when you search.The average price of gasoline in America has spiked to its highest level in roughly four years, with the national average for regular hitting about $4.18 a gallon, according to data from AAA. The new high comes as negotiations over Iran and reopening the Strait of Hormuz continue.The AAA national average stood at $4.176 on Tuesday, up from $4.111 a day earlier and $4.022 a week earlier, the data shows.Why It Matters A recent poll from Reuters/Ipsos indicated that over half of Republicans blame President Donald Trump for the spike in gasoline prices, as the Republican Party’s support of the…

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