00:00American drivers, brace for the pump.
00:02The national average gas price has now hit 4,000 on 18 a gallon,
00:06the highest it's been since August 2022.
00:09According to AIA, prices have surged more than 30%
00:13since the U.S. and Israel launched attacks on Iran back in late February,
00:18an attack that disrupted global oil flow through the critical Strait of Hormuz.
00:22The EPA has stepped in, temporarily lifting some fuel regulations
00:26to try to ease the squeeze on American supply.
00:30But officials warn that's just one piece of the puzzle.
00:33Diesel, the fuel that powers trucks and freight trains across the country,
00:38is now approaching $5 a gallon.
00:40With the Iran conflict still unresolved,
00:43analysts say households and businesses across America
00:46should brace for continued price swings at the pump in the weeks ahead.
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