U.S. Gasoline Prices Could Hit $4 Per Gallon Within Days

Following a few weeks of reprieve for drivers, the U. S. national average price of gasoline could top $4 per gallon within a week, as crude oil prices rallied by about 12% in the three days since Friday amid the all-but-collapsed U. S. -Iran ceasefire.

The renewed hostilities in the Middle East have fueled a new crude oil price rally this week, while tight fuel markets globally are also pushing U. S. prices at the pump higher.