Gas prices hit $4 again after oil soars more than 15% in a week

The national average price for regular gasoline has reached $4 per gallon again on Monday. This increase follows a surge in oil prices, which rose more than 15% within a single week. Energy markets are currently rattled by renewed conflict involving Iran as well as attacks between Ukraine and Russia. These geopolitical tensions have driven the cost of fuel upward, reflecting the instability currently affecting global energy supplies and the resulting impact on national gasoline averages.