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US Fuel Prices Hit $4 Amid Global Energy Disruptions

4/1/2026

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Story summary
  • US fuel prices rose above $4 per gallon for the first time since 2022, driven by disruptions in global energy supply linked to the ongoing Iran war.
  • In March, Eurozone inflation reached 2.5%, surpassing the European Central Bank's target.
  • Egyptian shops and restaurants began closing early amid government energy-saving measures.