Oil prices rise
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The war in Iran continues to impact gas prices in the U.S. as the national average cracks $4 a gallon, and local transportation services say they’re feeling the squeeze.
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Gas prices across the nation could "climb to their highest levels since 2022," one analyst says.
Chevron CEO Mike Wirth suggested on Sunday that gas prices have not peaked, undercutting some assessments within the Trump administration. Wirth told CBS News’s Margaret Brennan on Face the Nation that “it’s very hard to say” prices at the pump have peaked.