The average price of a gallon of gasoline in the United States crossed the $4 mark for the first time since the US-Iran ceasefire, according to reports.
01 · THE DISPATCH
The average price of a gallon of gasoline in the United States has risen above $4 for the first time since the US-Iran ceasefire, according to data tracked by The Zioneer. The previous crossing below $4 occurred in mid-June after the signing of the US-Iran memorandum of understanding, as The Zioneer reported on June 18. The return to above $4 signals renewed upward pressure on fuel prices, which had surged 40.5% year-on-year in May amid the broader energy crisis. The move may affect consumer sentiment and inflation expectations ahead of the midterm elections.
02 · How it developed
2 developments
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03 · Source and signal
Source and signal
- Internal intake