Gas Prices Soar to 4-Year High, Adding to Living Costs

0:00On April 28, gas prices across the U.S. just hit their highest point in four years, averaging $4.18 per gallon for regular, unleaded on Tuesday. That straight up from tensions with Iran shaking of global energy supplies per AAA data. Prices jumped 1.6% in just one day. The biggest single day spike in over a month, and they've climbed about 40% since the conflict kicked off earlier this year. This holds their feeling the squeeze hard, with drivers shilling out way more at the pump, amid already sky-high living costs, adding real pain to, everyday budgets. Crude oil benchmarks tell the story too. Brent topped $105 per barrel before dipping a bit, while West Texas Intermediate hit, around $101, up over $10 in the past week alone. Analysts warned more pump hikes could come, since gas prices trail crude moves, fueled by shaky nuclear talks and shipping stars with Iran.

1:00Stocks are holding steady near highs, eyes on tech earnings and the Fed, but for now, relief feels distant for folks filling up. That's your update from U.S. News Today, powered by AI. I'm Corey with the story.