Trump’s gas prices problem |
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Trump’s gas prices problem
Gas — and lots of others things — are still getting more expensive.
This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here.
Welcome to The Logoff: President Donald Trump’s war with Iran has pushed US gas prices to their highest point in more than three years.
What happened? On Tuesday, the national average for a gallon of gasoline cleared $4 for the first time since August 2022, capping an increase of more than $1/gallon since the war with Iran began.
The spike is largely a consequence of Iran’s decision early in the war to close the Strait of Hormuz to most........