US gas prices surge to highest level in four years, averaging $4.15 a gallon
US gas prices have risen to an average of $4.18 per gallon, the highest in four years, driven by stalled negotiations over reopening the Strait of Hormuz and heightened geopolitical tensions involving Iran. Prices are $1 higher than last year, with significant regional variation, reaching $5.96 in California and $3.72 in Texas. Global oil benchmarks have surged, with Brent crude hitting $111 a barrel, while BP reported more than doubled quarterly profits due to rising oil prices. The UAE's decision to leave OPEC adds further uncertainty to global oil markets.
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Gas prices displayed outside an Exxon filling station in Washington DC on 20 April 2026. Photograph: Jim Lo Scalzo/EPAView image in fullscreenGas prices displayed outside an Exxon filling station in Washington DC on 20 April 2026. Photograph: Jim Lo Scalzo/EPAOilUS gas prices surge to highest level in four years, averaging $4.15 a gallonOil prices surged as talks on reopening of strait of Hormuz remain gridlocked, sending prices $1 higher than last yearLauren Aratani in New YorkTue 28 Apr 2026 12.47 EDTLast modified on Tue 28 Apr 2026 12.59 EDTSharePrefer the Guardian on GoogleUS gas prices rose to their highest level in four years on Thursday, reaching an average $4.18 a gallon at the pump as US-Israeli peace talks with Iran remain at a standstill.The last time average US gas prices…
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