U.S. Gas Prices Reach $4.50 a Gallon, Highest Since July 2022
Average U.S. gasoline prices have surpassed $4.50 per gallon for the first time since July 2022 due to disruptions in oil flows through the Strait of Hormuz and rising crude prices. WTI crude climbed to $105.33 per barrel, while Brent reached $112.03.
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Topics: crude oil prices gas prices oil supply disruption Strait of Hormuz conflict