Geopolitical tensions between the United States and Iran are escalating fuel costs at the pump, with gasoline prices rebounding to the $4 mark nationally. The breakdown of diplomatic negotiations has triggered a surge in crude oil values, with Brent crude climbing 3.2% to $90.95 per barrel. This represents a significant increase from $3.14 recorded twelve months earlier, reflecting growing concerns about Middle Eastern instability and its direct impact on energy markets and consumer spending.

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