US gas prices hit $4.52 amid Iran war disrupting Strait of Hormuz
The national average price for a gallon of gas in the United States surged past $4.50 on Tuesday, reaching $4.52—the highest level since 2022. The spike is driven by the ongoing war with Iran, which has largely shut the Strait of Hormuz to oil tankers, disrupting global oil supply.
Key facts
- National average gas price hit $4.52 per gallon on Tuesday.
- This is the highest price since 2022.
- The price surge is due to the war with Iran.
- The Strait of Hormuz is largely shut to oil tankers.
- The Strait of Hormuz is a critical chokepoint for global oil shipments.
Entities
Locations
- United States
- Iran
- Strait of Hormuz
Sources
- Quartz —