US Gas Price Average Hits $4.23, Highest Level in Nearly 4 Years

April 29, 2026
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Gas prices surged to their highest levels in nearly four years as negotiations to end the war between the United States and Iran remain deadlocked. The average cost for a gallon of regular now stands at $4.23 and experts warn the timing couldn’t be worse with the summer travel season just weeks away. NBC’s Christine Romans reports for TODAY.



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