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Will gas prices rise again following renewed violence in war with Iran?
ABC7 Los Angeles • • business
Key Points:
- Fighting between the U.S. and Iran has intensified, causing oil prices to surge by over 6%, raising concerns about rising gas prices in the U.S.
- President Trump expressed skepticism about the temporary truce with Iran, stating, "to me, I think it's over," amid renewed hostilities.
- Gas prices in California are starting to rise again, with the average price per gallon at $5.38, slightly up from the previous day but still nearly 50 cents cheaper than last month.
- In Los Angeles County, the current average gas price is $5.40 per gallon, down from nearly $6 a month ago but significantly higher than the $4.55 average a year ago before tensions escalated.
- Consumers express frustration over fluctuating gas prices, with some emphasizing their limited control over costs but focusing on voting as a way to influence broader issues.
