U.S. Pump Prices Could Soon Spike After Fresh Sanctions On Russian Oil

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US gasoline prices may increase due to fresh sanctions on Russian oil, potentially reversing the recent decline in prices below $3 per gallon.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Previously, we reported that the national average price of gasoline in the United States has dropped below $3 a gallon for the first time in years, in large part due to OPEC+ returning more barrels to the market as well as weak global demand. Average national gas prices clocked in at $2.969 per gallon on Monday, 16 cents lower than a year ago, with popular fuel savings platform GasBuddy predicting that they could go even lower in the coming weeks. Warnings on Friday that U.S. motorists may not enjoy sub-$3 prices for long became reality by…

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Original article published by OilPrice.com on October 27, 2025.
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