Shafaqna English | International Shia News & Fatwas
All NewsBusinessFeatured 2Middle EastOther NewsUSworld

Gasoline price hits record high in US

Shafaqna English– Data revealed that the U.S. national average gasoline retail price topped $4.50 a gallon on Tuesday(5 May 2026), a level not seen since July 2022, amid continued disruptions by the U.S.-Israeli war with Iran to a substantial portion of global oil supplies transported via the Strait of Hormuz.

SourceReuters

www.shafaqna.com

Related posts

Launch of two-day Trump-Xi summit in Beijing

asadian

Silver shows signs of recovery after freefall

asadian

Security vulnerabilities of US World Cup

asadian

Fed: Iran war risk tops all other financial threats

asadian

China’s export surge in April 2026

asadian

Rise in Toyota’s costs due to Iran war

asadian

Leave a Comment