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U.S. Gas Prices Surpass $4 Amid Iran Conflict

4/23/2026

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Story summary
  • U.S. gas prices have surged to over $4 per gallon amid the ongoing Iran war.
  • Energy Secretary Chris Wright said prices may have peaked and could fall if the conflict is resolved.
  • U.S. President Donald Trump disagreed, predicting prices would fall immediately after the war ends.
  • The war has disrupted global oil supplies, while the Philippines and Thailand impose states of emergency and remote work as peace talks continue.