Gas prices reach Labor Day high amid Iran war
The average price of gas going into this Labor Day weekend reached a record holiday high compared to past years at $4.14 a gallon, according to a national tracking average from AAA. The previous record for Labor Day was $3.82 in 2012. The high price for fuel comes as diesel hit its highest price ever on Friday,...
Iranian state media claims the nation has developed a new missile capable of preemptively striking threats. The Ministry of Defense spokesperson, Esmail Baghaei, harshly criticized Canada, accusing it of endorsing U.S.-Israeli military aggression against Iran. Oil prices soared to a six-week high after renewed clashes between the U.S. and Iran heightened fears of disruptions to crude supplies through the Strait of Hormuz.
The U.S. struck three Iranian oil tankers following Iranian missile attacks on two American Navy vessels. Iran responded by warning it could target U.S. warships enforcing a blockade of Iranian shipping.
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