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US August gas prices on track for all-time high at $4.09 per gallon
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US August gas prices on track for all-time high at $4.09 per gallon

The US national average price for a gallon of gasoline has reached $4.09, up 88 cents from a year ago and 27% higher than earlier in 2025. August is on track to set an all-time high for monthly average gas prices. Analysts point to the ongoing Iran conflict limiting tanker traffic through the Strait of Hormuz as a key driver of the surge.

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