U.S. Gas Prices Jump Again as Oil Tops $90 for First Time in Years
The New York Times • • general
Key Points:
- Gasoline prices in the U.S. rose to an average of $3.32 per gallon on Friday, the highest since September 2024, marking an 11 percent increase since the start of the U.S. and Israel-led war against Iran.
- U.S. crude oil prices surged to $90.90 per barrel, the highest since September 2023, driven by disruptions in oil shipments from the Persian Gulf and threats to tankers in the region.
- The rise in fuel costs poses a political challenge for President Trump, whose previous claims about falling gas prices during his term are contradicted by the recent price increases.
- President Trump indicated that the military operation in Iran is a higher priority than controlling gasoline prices,
