U.S. oil prices rise to $4.1 per gallon, up 37% since the outbreak of the Iran war
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Golden Ten Data reported on April 4th that, according to the American Automobile Association (AAA), on April 4th local time, the average gasoline price in the United States rose to $4.10 per gallon, an increase of 12 cents compared to last week. Since the U.S. and Israel launched strikes against Iran on February 28th, gasoline prices have risen by 37%. The increase in oil prices is mainly due to the near-closure of the Strait of Hormuz and a decline in oil production in the Middle East. California has the highest average gasoline price in the country, nearing $5.92 per gallon, while Oklahoma has the lowest at $3.29.
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