California gas prices hit $6 per gallon as fuel costs jump nearly 30 cents in a week across the U.S.

Event Overview

California gas prices hit $6 per gallon as fuel costs jump nearly 30 cents in a week across the U.S.

Updated 2 days ago
CNN
CNBC
2 articles2 sources
Summary

Fuel costs are rising after it gas became clear that Iran is not reopening the Strait of Hormuz, one of the most important oil export corridors in the world. This cluster currently includes 2 articles from 2 sources.

What This Means

This cluster currently includes 2 articles from 2 sources. Sources in this event include CNN, CNBC.

Original Reporting (2)
Oil briefly touches $126, its highest price in four years | CNN Business
CNN
CNN
Left
4/30/2026

Oil briefly touches $126, its highest price in four years | CNN Business

Oil briefly surpassed $126 a barrel Thursday, its highest price in four years, as some traders worried about an escalation in the US-Iran war that would keep the Strait of Hormuz effectively shut. Brent crude, the global benchmark, surged overnight to touch $126.41 a barrel, before falling to $115.8 a barrel, as.

California gas prices hit $6 per gallon as fuel costs jump nearly 30 cents in a week across the U.S.
CNBC
CNBC
Lean Left
4/30/2026

California gas prices hit $6 per gallon as fuel costs jump nearly 30 cents in a week across the U.S.

Fuel costs are rising after it gas became clear that Iran is not reopening the Strait of Hormuz, one of the most important oil export corridors in the world.