Gasoline at $4 Alarms US Consumers and Raises Pressure on Trump
The president talks of ending the Iran war as key price milestone is surpassed.
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Welcome to our guide to the commodities driving the global economy. Today, reporter Nathan Risser looks at the impact of the Iran war on US gasoline prices.
The last time the average American was paying $4 a gallon for gasoline was in 2022. Back then, the war in Ukraine was pushing energy markets into crisis, inflation was on the rise and the US president was under growing pressure from an electorate worried about the cost of living.