Macro Finance
US Gasoline Tops $4 a Gallon Again as Iran War Escalates
Bloomberg Markets·July 20, 2026·1 min read
US gasoline prices climbed back above $4 a gallon as the Middle East conflict intensified, threatening to exacerbate a global transportation fuel crunch and stoke inflation. The escalation of the Iran war has pushed prices higher, raising concerns about broader economic impacts on consumers and supply chains already under pressure from geopolitical tensions.
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