U.S. Gasoline Prices Could Hit $4 Per Gallon Within Days ...Middle East

Economy by : (OILPRICE) -
Following a few weeks of reprieve for drivers, the U.S. national average price of gasoline could top $4 per gallon within a week, as crude oil prices rallied by about 12% in the three days since Friday amid the all-but-collapsed U.S.-Iran ceasefire. The renewed hostilities in the Middle East have fueled a new crude oil price rally this week, while tight fuel markets globally are also pushing U.S. prices at the pump higher. “I've seen enough and believe the national average price of gasoline will again reach $4/gal in the next 7-10 days, if…

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