Gas prices in the U.S. neared $4 per gallon on Tuesday, as the ongoing U.S.-Israel war against Iran continued to disrupt global oil shipments.
Gasoline prices in the U.S. are set to breach the $4 a gallon mark.
According to AAA’s fuel prices tracker, the national average price of gasoline stood at $3.977 on Tuesday morning, up nearly 35% since last month.
Patrick De Haan, Gasbuddy’s Head of Petroleum Analysis, reported a slightly higher national average price of $3.981 per gallon, and wrote: “We'll likely see the national average cross [$4 per gallon] in the next 24 hours.”
The global benchmark Brent Crude Index stood at $102.12 per barrel on Tuesday morning, up more than 2% Monday’s close, but still significantly down from Monday’s peak of around $113.
