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newsMar 31, 20261:08

Gas Prices Hit $4.20: Iran Conflict's Impact

About this episode

Gas prices soar to $4.02 per gallon, highest since 2022, due to Iran conflict and potential U.S. action against Irans key oil hub. Drivers face a dollar more per gallon than pre-conflict levels, recalling post-Ukraine invasion spikes. Oil prices surge over 40% since conflict began, with Iran attacking a Kuwaiti oil tanker near Dubai. Trump considers seizing Irans Kharg Island oil hub, potentially crippling their economy. Stay tuned for Pentagon briefing at 8 a.m. Eastern.

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Gas Prices Hit $4.20: Iran Conflict's Impact

Dallas News Today | 2 Min News | The Daily News Now!

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Dallas News Today | 2 Min News | The Daily News Now!Gas Prices Hit $4.20: Iran Conflict's Impact. Machine-transcribed; use the interactive transcript above to jump the player to any line.

It's March 31st. Welcome to Dallas News today, powered by AI, I'm Corey with the story. Gas prices just crossed a big milestone, hitting an average of $4.00 in two cents per gallon nationwide, according to Tribal A. That's the first time since 2022, and is putting a real squeeze on wallets everywhere. Oil prices have jumped over 40% since the Iran conflict kicked off, shaking up the global energy market and pushing pump prices way higher. And before the trouble started, drivers are feeling the hit, paying over a dollar more per gallon than pre-conflict levels, bringing back memories of the spikes after rushes, and Bayesian of Ukraine nearly four years ago. Meanwhile, Iran attacked a Kuwaiti oil tanker nearby, but authorities say the fires contained with no leaks or injuries. On top of that, Trump told the financial times he's mulling a move to seize Iran's key carg island oil hub, which handles most of their crude exports, and could slam their economy hard. Keep an eye on oil markets as tensions simmer, especially with that Pentagon briefing

from Secretary Pete Hakeseth coming up at 8 a.m. Eastern. Today…

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