Oil plunges, markets surge on report U.S. and Iran near deal to end war as gas prices jump past $4.50
NBC News
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The price of oil plunged and markets surged early Wednesday after a new report that the U.S. believed it was nearing a deal to end the war with Iran and eventually reopen the Strait of Hormuz.
- US Gasoline Hits $4.50, Nears All-Time High as Iran Fuel Crunch Grows Bloomberg —
- US Gas Prices Rise Above $4.50. Map Shows Price Per State Newsweek —
- US petrol prices 50 percent higher than before war on Iran Al Jazeera —
- US petrol prices rise 50% since Iran war began, Strait of Hormuz disruption drives pump costs higher Times Of India —
- Lower-income Americans hit hardest by gas price spike, widening inequalities, study finds ABC News —