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Gas Prices Surge Past $4 on Labor Day | Honduras News

Gas prices hit a record $4.14 a gallon on Labor Day weekend — up nearly a dollar from last year and the first time ever topping four bucks during the holiday. Geopolitical tensions in the Middle East, especially around Iran and the Strait of Hormuz, are driving the spike, with crude shipments down since U.S. and Israeli strikes in February. Diesel prices hit a record $5.85, hitting grocery shelves and shipping costs. Even as summer ends and refineries shift to cheaper blends, U.S. refineries are running at full capacity, and global supply is strained by Ukrainian drone attacks on Russian…

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