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U.S. Gasoline Prices Are Up by Nearly a Quarter Since War Broke Out

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U.S. gasoline prices have now climbed 23.5% since the war began, climbing to a national average of $3.68 a gallon on Saturday. The global price of oil has surged even more sharply, rising 40% over the same period to $103.14 a barrel on Friday. Historically, gas prices tend to lag behind shifts in crude oil costs, suggesting further increases could be on the horizon.

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