Скачать или смотреть Oil supply fears push California gas prices above $5 per gallon

Gas prices are rising after the war in Iran disrupted global oil supply routes. Ship traffic through the Strait of Hormuz — a critical waterway that carries about 20% of the world’s oil — has slowed as vessels worry about escalating violence. The disruption is already affecting drivers, with the national average for regular gas climbing to $3.45 per gallon, up 47 cents from last week, according to AAA. California prices are even higher, averaging about $5.10 per gallon after a roughly 50-cent increase in a week. Diesel prices have surged 84 cents during the same period, raising concerns about broader economic impacts because trucks rely on diesel to transport goods.

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