US Gas Price: Drivers in some states across the U.S have been paying well over USD 4 a gallon for a while now, while others pay less. Affordability is likely to be a key issue for voters in the US midterm elections, and higher gas and oil prices can help push up prices for groceries and other goods.

US gas prices are rising again as the Iran conflict disrupts oil supplies. Here's why fuel prices, inflation and the Strait of Hormuz matter.

Global oil prices briefly touched $90 per gallon early on Monday before both countries signaled a willingness to resume talks.

Oil prices surged overnight as the US teeters on the precipice of all-out war with Iran.

Oil prices rose on Monday morning as fighting between the US and Iran intensified, fuelling concerns over disruptions to energy shipments through the Strait of Hormuz.

"In the Wile E. Coyote scenario, economic gravity eventually exerts itself," wrote UBS's Paul Donovan this morning.

US gas prices top $4 per gallon as the US-Iran conflict disrupts Strait of Hormuz oil flows. Rising crude prices may keep fuel costs high for weeks.

US Gas Price: Drivers in some states across the U.S have been paying well over USD 4 a gallon for a while now, while others pay less. Affordability is likely to be a key issue for…

US gasoline prices jumped back to an average of $4 per gallon Monday, according to the AAA motor club, as Iran said it was fighting a "full-scale war" with the United States while…