Middle East Turmoil Sends US Gas Prices Soaring to $4.09 per Gallon

The ongoing turmoil in the Middle East has led to a significant increase in U.S. gasoline prices, reaching $4.09 per gallon as tensions continue.

The global benchmark for oil, Brent crude, has also seen a rise, around $87 a barrel, with analysts anticipating continued volatility in the oil markets.

According to market predictions, there is a 5.8% probability of crude oil reaching new all-time highs by September 30, and a 14.5% probability by December 31.