US average fuel price passes $4 a gallon for first time in four years amid Iran war

Average US fuel prices have crossed $4 a gallon for the first time in four years, piling pressure on drivers as Donald Trump’s war on Iran continues to boost oil markets.The nationwide average climbed to almost $4.02 on Tuesday, according to AAA data, capping an extraordinary rise from $2.98 just a month ago. The fuel price last reached this high in August 2022.On the west coast, many drivers filling up cars and trucks are grappling with prices far higher than the US average. In California, the average is $5.89 a gallon; in Washington state, the average is $5.35.Prices at the pump have historically proven costly for the White House. Trump faces his biggest electoral test of his second term later this year, with Republican control of Congress in the balance before November’s midterm elections.Oil prices have surged since the US and Israel launched their war on Iran, with Brent crude, the global benchmark, hitting $115.48 a barrel.As concern mounted over the impact of higher oil prices over a sustained period, the president has repeatedly tried to play down the impact – and even argue that the country will benefit as a whole.“The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money,” Trump wrote on his Truth Social platform in March.More details to follow soon …