America's Costliest Labor Day: Iran War Sends Prices Soaring, Gas Surges $4, Trump Faces Backlash - Times of India Videos
Americans are heading into Labor Day with gasoline prices at potentially record-breaking levels. The national average is around $4.14 per gallon, nearly 95 cents higher than last year, as Middle East conflict disrupts global energy flows, Ukrainian strikes on Russian refineries tighten fuel supplies, and inflation continues to pressure household budgets.AAA expects gas prices to remain above $4 a gallon through Labor Day, potentially breaking the previous holiday record of $3.83 set in 2012.The surge is also creating a political headache for President Donald Trump, who campaigned on lowering energy costs. With the November midterm elections approaching, Americans are feeling the impact directly at the pump — and for many families, higher gasoline prices could mean less money for food, travel and everyday expenses.