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Gas prices rise as oil tops $100 amid Iran uncertainty

newsApr 27, 20262281

Crude oil topped $100 per barrel as continued disruptions in the Strait of Hormuz limited vessel traffic and pushed gasoline prices higher across the U.S. and Canada. A Canadian trucking company says some operators parked their trucks because they cannot afford the rising fuel costs, forcing delivery strain for businesses. Consumer guides are urging people to use rewards credit cards, cash-back apps, and strategic payment choices to soften larger pump bills. Sustained higher fuel prices raise transportation and food costs and widen inflationary pressure if Hormuz shipping stays restricted.

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