According to statistics released by the American Automobile Association, the average retail price of gasoline in the United States reached $4.35 per gallon on the day, a decrease of 4 cents from the previous day and 17 cents lower than a week ago. However, this price is still 46% higher than the level before the outbreak of the Iran conflict.
According to statistics released by the American Automobile Association, the average retail price of gasoline in the United States reached $4.35 per gallon on the day, a decrease of 4 cents from the previous day and 17 cents lower than a week ago. However, this price is still 46% higher than the level before the outbreak of the Iran conflict.
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It is understood that the conflict between the United States, Israel, and Iran has directly pushed up global oil prices. Additionally, the obstruction of navigation through the Strait of Hormuz and the temporary shutdown of relevant energy facilities have further deepened market concerns over insufficient energy supply. Since the onset of this round of conflict, U.S. consumer spending on fuel has risen significantly.
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