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1 revisions for "From $2.98 to $4: How the Iran War Turned Trump's Cheapest-Gas Promise Into the Biggest Oil Shock in History"

#1
Anonymous3 days ago

U.S. average gasoline prices crossed $4 per gallon on March 31, 2026 — a 35% surge since the U.S.-Israel strikes on Iran began on February 28 and the subsequent closure of the Strait of Hormuz removed roughly 10 million barrels per day from global markets. The price spike, the largest supply disruption in oil market history, has shattered President Trump's 2024 campaign pledge to bring gas below $2 a gallon and triggered a fierce political battle between Democrats framing it as "Trump's war" and Republicans blaming inherited tensions and Iranian aggression.

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