The average price of a gallon of regular grade gasoline in the United States has again reached $4 on Monday with renewed fighting in Iran. File Photo by Bonnie Cash/UPI | License Photo
July 20 (UPI) -- The average price of a gallon of regular grade gasoline in the United States has again reached $4 on Monday with renewed fighting in Iran.
AAA reported a 13-cent hike in the average gas price over the past week, bringing an end to declining prices. The latest surge comes on the back of the peace deal between the United States and Iran falling apart with both sides reigniting attacks.
The lowest gas prices in the United States on Monday can be found in Indiana, where a gallon of regular gasoline is $3.35. California has the highest average price per gallon at $5.49 and Washington and Hawaii are above $5 per gallon.
The average price of a gallon of gas was $2.98 before the United States and Israel launched strikes on Iran on Feb.28. Prices climbed quickly after that due to Iran effectively closing the Strait of Hormuz, a critical chokepoint in the Middle East oil trade. The average gas price in the United States topped $4.50 in May, marking a four-year high.
