AI Summary

The recent escalation of the Iran crisis has led to a significant increase in U.S. average gas prices, which have now returned to $4 a gallon. This development marks a reversal of the temporary relief experienced by drivers a month ago, when a deal between the U.S. and Iran was signed to reopen the Strait of Hormuz. The current crisis has disrupted global oil markets, resulting in higher prices at the pump.

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