Published Sep 1, 2026, 4:59 PM ET · Updated 2 months ago · 1 source
Escalating US-Iran tensions threaten oil supply and increase gas prices
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Original Report
The ongoing US strikes against Iranian targets, in response to attacks on US forces and commercial shipping, are escalating geopolitical tensions and threatening oil supply disruptions, which is contributing to seasonal high gasoline prices, currently over $4 a gallon.