U.S. Gas Prices Hit Two-Year High Amid Middle East Tensions

Gasoline prices in the United States have surged past $4.00 per gallon, reaching a two-year high not seen since 2022.

The primary cause is the closure of the Strait of Hormuz, a vital maritime route, following joint U.S.-Israel strikes on Iran in late February.

Because 20-25% of the world's daily oil supply passes through this narrow channel, the disruption has created a "war-risk" premium that has sent global crude prices soaring.

The impact goes beyond the gas pump; businesses like logistics companies and airlines face rising costs, threatening to fuel inflation across the economy.

While the U.S. remains a major oil producer, the global nature of energy markets means domestic consumers are not immune to supply-chain failures abroad.

With President Trump threatening further action if the strait remains closed, uncertainty persists.

For many Americans, this situation is not just a seasonal price hike, but a major threat to their purchasing power and economic stability.