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CriticalEconomyThe Independent·The Independent

Gas prices hit their highest mark ever for mid August as Trump’s Iran war drags on

Gas prices reached their highest point for mid-August, with the President stating U.S. control over the Strait of Hormuz and its crippling effect on Iran's military. This occurred as the U.S. conducted strikes in southern Iran targeting mine-laying boats and missile launch sites.

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Wednesday, August 12, 2026 at 05:43 PM EDT
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