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Home/Briefs/energy markets

BriefApril 17, 2026 · 03:14 AM

U.S. Gas Prices Top $4 Per Gallon After Iran Blockade of Strait of Hormuz

Gas prices in the United States have surpassed an average of $4 per gallon. The surge follows the Feb. 28 strikes by the U.S. and Israel against Iran. Iran responded by blocking access to the Strait of Hormuz, a region used daily by commercial ships and oil tankers.

Reagan Vaughan

Energy marketsGeopolitical riskCommodity prices

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