US gasoline hit $4.003 per gallon on July 20, 2026, as Strait of Hormuz tensions push crude toward $80 per barrel and stoke inflation fears affecting

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

US gasoline prices hit $4 per gallon due to Middle East conflict. Crude oil reaching a new all-time high by December 31 at 12% YES.

AAA reported the national average price for a regular tank of gas to be $4.003 per gallon, the highest in weeks.

US gas prices hit $4 a gallon amid Iran tensions. Crude oil reaching a new all-time high by September 30 at 4.7% YES.