Gas prices rise again in SC
South Carolina drivers are paying an average of $3.59 a gallon, according to AAA. Crysty Vaughan has more on the spike at the pump.
Relief is ripping through financial markets Monday after President Donald Trump said the United States has talked with Iran about a possible end to their war. Oil prices are easing, and stock prices are jumping on Wall Street following severe losses elsewhere in the world before Trump’s announcement.
South Carolina drivers are paying an average of $3.59 a gallon, according to AAA. Crysty Vaughan has more on the spike at the pump.
Midlands drivers are paying an average of $3.47 a gallon, according to AAA, that’s up more than 25 cents from last week. Crysty Vaughan has details on the average price of gas.
Prices at the pump up nearly a quarter. Midlands drivers are paying an average of $3.40 a gallon, according to Gasbuddy.
Gas prices continue to rise in the U.S. as the war with Iran endangers oil supplies.
The U.S. said it took out more than a dozen mine-laying Iranian vessels Tuesday, and the Islamic Republic vowed to block the region’s oil exports, saying it would not allow “even a single liter” to be shipped to its enemies.
U.S. President Donald Trump said Monday that the war against Iran could be short-lived, but he left open the possibility of an escalation in fighting if global oil supplies are disrupted by the Islamic Republic, which chose a new hard-line supreme leader.
Oil prices spiked near $120 per barrel Monday as the Iran war intensified, threatening production and shipping in the Middle East and pummeling financial markets.
Gas prices in the U.S. are the highest they’ve been in 11 months.
Gas prices both in South Carolina, and nationally have climbed once again, however according to GasBuddy, markets have still not yet shown how gas prices will react to the weekend’s U.S.–Iran attacks.