The national average price for a gallon of regular gasoline has soared to $4.39, marking a nine-cent increase in a single day and a spike of more than 30 cents over the past week. The sharp rise comes as the war in Iran reaches its 60th day, intensifying concerns about global oil supplies.
NBC's Brian Cheung reported that drivers are feeling the pinch at the pump, with analysts warning that prices could climb even higher in the coming weeks. The surge is also casting a shadow over the broader economy, as newly released GDP numbers show signs of strain.
Economists are closely watching the situation, noting that sustained high energy costs could dampen consumer spending and slow economic growth. For now, motorists across the country are adjusting their budgets as fuel costs cut into household disposable income.