US petrol prices have surged to the highest levels in four years, with the average cost of fuel reaching $4.18 (£3.09) per gallon. This sharp rise comes amid ongoing geopolitical tensions, particularly a gridlock over the reopening of the Strait of Hormuz, a crucial maritime passage for global oil trade. As the cost of crude oil continues to rise, the stalled negotiations between the US and Iran have left no immediate resolution in sight.
According to a report published by the Guardian on 28 April 2026, US petrol prices rose to $4.18 (£3.09) per gallon on Thursday — the highest in four years, and a $1.03 (£0.76) increase compared to the same period last year, when the average price stood closer to $3.15 (£2.33) per gallon.
