strikeUnverifiedUSIran
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According to AAA, the U.S. average gasoline price reached $4 per gallon on Monday, up from $3.87 the prior week. West Texas Intermediate crude futures rose to $83 per barrel after trading as low as $67 following the end of a U.S.-Iran ceasefire. Reports indicate Iran fired on tankers in the Strait of Hormuz while the U.
S. announced a blockade, with MarineTraffic.com noting limited vessel crossings over the weekend; the White House stated that prices would return to pre-conflict levels once U.S. forces limit such attacks.
Location: Strait of Hormuz