Macro Finance
US Gasoline Prices Surpass $4 a Gallon for First Time in a Month
Bloomberg Markets·July 20, 2026·1 min read
US gasoline prices climbed back over $4 a gallon for the first time in a month as the Middle East conflict escalated, threatening to exacerbate a global transportation fuel crunch and stoke inflation. The price increase marks a reversal from recent declines and raises concerns about consumer spending and broader economic pressures heading into the summer driving season.
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