U.S. Gas Prices Rise Above $4 as Military Strikes Continue Against Iran
The AAA national average for regular gasoline reached $4.02 per gallon, up from previous weeks, amid ongoing U.S. airstrikes targeting Iran.
The American Automobile Association reported that the national average price for regular gasoline climbed to $4.019 per gallon on July 21, up from $4.003 the day before and higher than the $3.859 average recorded a week earlier. The price is also above the $3.938 average from a month ago and the $3.141 average recorded a year ago.
U.S. Central Command confirmed that another round of airstrikes against Iran was carried out on July 20, citing ongoing operations aimed at addressing perceived threats to shipping in the Strait of Hormuz.
The rise in fuel costs coincides with heightened geopolitical tensions following the United States' military actions in the region.