Iran’s war powers have yet to be fully realized Brookings

Iran's war powers have yet to be fully realized Brookings

The United States and Israel launched their attacks on Iran last month. As a result of Iran’s retaliatory actions, the world oil market has a supply shortage greater than the oil crises of 1973 and 1979 combined. The full panic hasn’t been felt in the United States, even as US gasoline prices hit $4 a … Read more

Gas prices rose more than $4 on average for a typical gallon in the US, the highest since 2022.

Gas prices rose more than $4 on average for a typical gallon in the US, the highest since 2022.

NEW YORK — US gas prices rose above an average of $4 a liter for the first time since 2022 on Tuesday as the war in Iran pushed up global fuel prices. According to the AAA motor group, the national average for a gallon of regular gasoline is now $4.02 – a dollar more than … Read more