U.S. Gasoline Prices Hit $4 Mark Again as Strategic Oil Reserves Fall to 43-Year Low

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According to Jin10 market data compiled on July 21, U.S. gasoline prices surpassed the $4-per-gallon mark for the first time in a month, while U.S. strategic petroleum reserves fell to their lowest level since March 1983. The combination of tightening supply and increased energy demand has pressured fuel prices higher, with geopolitical tensions in the Middle East continuing to pose risks to global oil transportation.
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