US gasoline prices jump 27%, and diesel rises to its highest level in 3 years
Gasoline prices in the United States have risen by 27%, and diesel prices by 34%, since the start of the US attacks on Iran last month, according to fuel price data released on Tuesday.
The American Automobile Association (AAA) reported that the average The price of a gallon of gasoline in the United States reached $3.79 on Tuesday morning, while the price of a gallon of diesel reached $5,044, exceeding the $5 threshold for the first time in three years, according to what the network reported. "CNBC".
A year ago, these prices were $3,078 and $3,592, respectively. A month ago, they were $2,917 and $3,651.
And Fuel prices have risen globally since the United States and Israel launched attacks on Iran on February 28, amid negotiations over the Iranian nuclear program.
These attacks, which resulted in the killing of Iranian Supreme Leader Ali Khamenei, prompted Tehran to effectively close the Strait of Hormuz by banning the entry of ships linked to the United States or Israel. About 20% of the world’s oil passes through the waterway that separates Iran and the Sultanate of Oman.Oil prices increased by more than 2% on Tuesday, amid growing doubts about the ability of US President Donald Trump to form an effective coalition to secure oil tankers through the Strait of Hormuz.
The price of Brent crude, the international standard, reached $102.56 per barrel, an increase of 2.35%. US oil prices also rose by 2.22%, reaching $95.58 per barrel.
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