US gas prices jump again as drivers endure worst pain at the pump in years

• Gas prices have jumped again with AAA reporting a national average of $3.88 per gallon for regular fuel and $5.09 for diesel Thursday.
• The prices hit $3.84 and $5.06 Wednesday, a significant increase since the Iran war began and the highest price in the U.S. in two and a half years. Consumers were paying $2.98 per gallon before the U.S. and Israel attacked Iran on Feb. 28.
• This surge is attributed to the Iran war’s impact on global oil flows, leading to soaring crude oil prices, with Brent crude hitting $115 a barrel after Iran attacked energy facilities Wednesday as retaliation for an attack on its own massive gas field.
• The US administration is implementing measures such as releasing oil from emergency stockpiles, easing sanctions on Venezuela and Russia, and waiving maritime shipping requirements to increase supply.
• Despite these efforts, analysts caution that relief may be slow to reach consumers, with the ongoing war, seasonal fuel changes, and varying state taxes contributing to continued price volatility.

IN FULL

Vance warns Americans of ‘rough road ahead’ as gas prices soar but promises it’s a ‘temporary blip’