- Gas prices in the U.S. have reached a new record high of nearly $4.23 per gallon, marking a 150 percent increase since the Iran war began in late February.
- The oil-price hike has sent ripples across the economy, with airlines considering reducing flights and increasing fares, while some gas stations have cut into their margins to offer customers artificially lower prices in the hopes of keeping their business.
- Over half of registered voters blame President Donald Trump for the rising gas prices, contributing to his second-term low approval rating of 34 percent.
- The assistant White House press secretary stated the president previously lowered oil prices and views current disruptions as “temporary.”
- Trump issued a new threat against Iran on social media, posting an image with an assault rifle and urging Iran to “get smart soon!” regarding a non-nuclear deal, as negotiations remain deadlocked.
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