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The Guardian - US

Business

Lauren Aratani in New York

US gas prices surge to highest level in four years, averaging $4.18 a gallon

United States Gas Prices Oil Donald Trump Hormuz

A screen at a gas station showing different oil prices — Gas prices displayed outside an Exxon filling station in Washington DC on 20 April 2026. Photograph: Jim Lo Scalzo/EPA

US gas prices rose to their highest level in four years on Thursday, reaching an average $4.18 a gallon at the pump as US-Israeli peace talks with Iran remain at a standstill.

The last time average US gas prices breached $4.15 a gallon was in April 2022, when oil prices soared shortly after Russia invaded Ukraine. Average gas prices are now $1 higher than just a year ago, when they were closer to $3.15 a gallon.

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