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US gasoline surge deepens after Iran conflict squeezes oil routes
Average US gasoline prices have climbed to about $4.52 a gallon, up 56% from late February, as the Iran war and Strait of Hormuz disruptions continue to pressure fuel markets.
Key Takeaways
- Average US gasoline prices rose from $2.89 to about $4.52 a gallon between late February and mid-May.
- The supplied reporting links the jump to the Iran war and the closure of the Strait of Hormuz.
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DT Editorial Team··via cleantechnica.com
