Gasoline prices in the United States have remained stubbornly around $4 per gallon, a notably high level for this time of year. This sustained price is linked to the uncertain trajectory of the ongoing war in Iran.

Tom Kloza, chief oil analyst at Gulf Oil, highlighted the unusual persistence of these prices, stating, “We’re paying more than we’ve ever paid this time of year.”

The conflict in Iran continues to impact global energy markets, contributing to the elevated costs at the pump for American consumers.

Sources