Gas prices: Another increase at the pumps the day after ceasefire announcement

Gas prices: Another increase at the pumps the day after ceasefire announcement


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Gas prices in the U.S. continue to rise due to the war in Iran, even after the official announcement of a ceasefire. The national average for a gallon of regular gas increased to $4.164 on Wednesday, a more than two-cents-per-gallon increase from 24 hours earlier. It’s the tenth straight day of increases at the pumps, continuing a trend of the highest fuel prices since 2022.

Since setting a five-year low for fuel costs at $2.79 per gallon on Jan. 12, gas prices have risen. Initially, severe winter weather nationwide was blamed for the gradual price hike in late January and early February. Snowstorms disrupted oil refinery operations and production, affecting pricing. However, gas prices began to soar with the commencement of Operation Epic Fury on Feb. 28. At the beginning of March, a gallon of regular gas increased to $2.984. By March 31, the national average price for regular gas rose

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