US Gas Prices Hit Record Labor Day High Amid Iran War Fallout

US regular petrol prices averaged $4.14 a gallon heading into Labor Day, a record for the holiday weekend, while diesel reached a national record of $5.85, according to the AP report carried by ABC News. Analysts linked the pressure to the Iran war, disrupted Strait of Hormuz traffic and refinery constraints, although Energy Secretary Chris Wright said futures markets pointed to lower petrol prices. The report shows how conflict in the Middle East is raising transport and household costs far beyond the region.