US gasoline prices hit highest level in 4 years
U.S. gasoline prices reached $4.17 per gallon, the highest level in four years, driven by rising oil prices amid ongoing tensions and stalled negotiations in the Iran conflict. The increase marks a 28% jump since the war began in late February 2026. Global oil markets have been disrupted by Iranian closure of the Strait of Hormuz, a critical oil transit route. Although the U.S. is a net oil exporter, domestic fuel prices are influenced by global supply and demand dynamics.
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ABC NewsLiveVideoShowsShopInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? OffOnStream onUS gasoline prices hit highest level in 4 yearsThe price of an average gallon of gas is $4.17, AAA data showed.ByMax ZahnApril 28, 2026, 12:02 PMLiveA gas pump stands at a station in Manhattan on April 21, 2026 in New York City.Spencer Platt/Getty ImagesGasoline prices in the United States hit their highest level in four years on Tuesday as negotiations over the Iran war appeared to show little signs of a resolution.The price of an average gallon of gas stands at $4.17, marking an increase of $1.19 per gallon since the war began on Feb. 28, AAA data showed.
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