Average U.S. Gasoline Price Tops $4.50 to Near Four-Year High

The national average price of gasoline in the United States has just topped $4.50 per gallon, the highest level since the middle of July 2022, according to data from GasBuddy, as the Iran war drains fuel inventories and sends crude prices higher. Prices are now just $0.50 off the all-time high hit in June 2022, when the Russian invasion of Ukraine led to crude oil prices spiking to above $100 per barrel. Nationwide, the all-time high was set on June 14, 2022, when a gallon of regular gasoline at retail sites topped $5 and was $5.016. The pain at…