Gas Prices Soar Amid Global Oil Tensions | Salt Lake City News

Gas prices are surging back toward $4.15 a gallon, with diesel hitting even worse records — driven by global supply chaos, Iran tensions, and U.S. efforts to secure heavier crude. Domestic refineries, outdated for today’s lighter oil, struggle to process what’s available, worsening shortages. A new Venezuela deal could eventually ease pressure by supplying compatible heavy crude to Gulf Coast refineries, helping stabilize prices long-term. Meanwhile, peace in Iran might slash prices to $3 a gallon — but industry insiders warn that low prices hurt workers. The administration is caught between supporting American jobs and keeping fuel affordable for all. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/19e809d4292ed52a