Gas prices at U.S. pumps spiked above $4 a gallon for the first time since the summer of 2022, as the war in Iran sends oil costs surging.
The national average price for a gallon of gas was just over $4.01 on Tuesday, according to AAA. The last time that happened was during the inflationary surge in 2022, fueled by pandemic qualms and Russia’s invasion of Ukraine. At that time, the price for a gallon eventually climbed above $5.
