Washington, USA – Web Desk: Amid rising tensions in the Middle East, U.S. President Donald Trump has issued a 48-hour ultimatum to Iran to reopen the Strait of Hormuz, a critical maritime passage that facilitates nearly 20% of global oil shipments.
The move comes as U.S. gasoline prices surge, with the national average hitting $4.10 per gallon—a 12-cent increase from last week and a 37% rise since February 28, following U.S. and Israeli strikes on Iran. California now reports the highest average at $5.92 per gallon, while Oklahoma sees the lowest at $3.29.
Experts attribute the spike to both disruptions in Persian Gulf oil transit and reduced production in the Middle East. Analysts warn that continued tensions could further impact global fuel markets.
