US pump prices near 4 year high on Iran war disruption
- Posted on April 28, 2026
- By Business News Today
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- 1 min read
Gasoline prices across the United States have surged dramatically following military tensions in the Middle East, reaching their highest levels in nearly four years. The 40% increase, totaling approximately $1.19 per gallon, reflects market concerns about potential supply disruptions stemming from geopolitical instability. Energy analysts attribute the price spike to investor uncertainty regarding crude oil production and export capabilities in the volatile region, impacting consumer spending power and inflation concerns nationwide.
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