Gas Prices Skyrocket: Who's Feeling the Pinch?

0:00It's April 2, I'm Cory with the story, and this is Global News Today World News powered by AI. Gas prices just topped $4 a gallon nationwide on Tuesday, the highest since 2022. All thanks to the war with Iran's spiking oil. Costs worldwide. Earlier this week, crude oil jumped from the conflict and shipping snarls in the straight of four moves, forcing wholesale fuel prices to shift multiple times a day in gas stations to hike their pumps, just to keep up. Drivers are feeling the pinch hard, hunting for the cheapest spots, or timing Phillips like a chess game, while station owners say they're not caching, in, they're staring down higher fees and repair costs, passing it straight through with slim margins. Prices swing while by state, city, even block, based on refinery distance, competition, and sales volume, so that big sign out front is bait to lure. New info snacks that actually pay the bills. Upstream oil extractors and refiners grab most of the gains, but even there watching

1:02wearly, as sky high prices could soon crush demand and flip the script on everyone.