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1 revisions for "The $4 Gallon Is Back — and It's Pushing Rideshare Drivers to the Breaking Point"

#1
Anonymous2 days ago

The U.S.-Israeli war with Iran has sent gas prices above $4 per gallon for the first time since 2022, with WTI crude surging past $104 a barrel after the near-closure of the Strait of Hormuz choked off roughly 20% of global oil transit. For the estimated 1.7 million rideshare drivers in the United States — who absorb fuel costs out of their own pockets — the spike has pushed fuel from roughly 16–19% of gross revenue to 28% or more, and both Uber and Lyft have opted for limited cash-back programs rather than the direct per-ride fuel surcharges they imposed in 2022.

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