Oil-market jitters push US gas above $4 a gallon amid US-Iran tensions

1 min read
Source: Al Jazeera
Oil-market jitters push US gas above $4 a gallon amid US-Iran tensions
Photo: Al Jazeera
TL;DR Summary

US petrol prices rose above $4 per gallon as renewed US-Iran tensions threaten oil shipments through the Strait of Hormuz, lifting benchmark crude prices and forecasting ongoing pressure on consumers even as inflation data showed a brief monthly dip.

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