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Home > Latest

Due to the Houla Muz crisis, gasoline prices in the United States have surged to $3.60 per gallon.

date
12/03/2026
According to the American Automobile Association, gasoline prices in the United States have risen to $3.60 per gallon, a increase of 35 cents in one week and 65 cents in one month - the largest increase since the outbreak of the Russia-Ukraine conflict. Prices have risen 22% in the past month, reaching the highest level since May 2024.
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South Korean Finance Minister Choi Young-mu said: "The government will introduce a 'maximum price' system for oil products to alleviate consumer burdens and firmly resist attempts to raise prices using the crisis as an excuse."
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Refinitiv IBES data shows that European companies are expected to see a 0.5% decrease in earnings for the fourth quarter, compared to the previous forecast of a 0.4% decrease made one week ago.
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