Trumpevaluates "additional options" to contain gasoline prices
The average price of unleaded gasoline in the United States reached about $3.54 per gallon (3.85 liters) this Tuesday, the highest level since mid-2024.
TL;DR
- President Trump is evaluating additional options to contain rising gasoline prices.
- Gas prices are affected by blockades in the Strait of Hormuz, a key oil transit route.
- The average price of unleaded gasoline in the U.S. has reached $3.54 per gallon, the highest since mid-2024.
- Prices have risen 21% in one month, according to AAA.
- Attacks on tankers have made the Strait of Hormuz nearly impassable.
- The Trump administration had anticipated Iran's attempts to disrupt global markets.