US gas prices hit record high for Labor Day as Iran war drives energy costs

Americans are facing record-high gasoline prices for Labor Day weekend, with the national average expected to reach $4.03 a gallon, surpassing the previous record of $3.83 set in 2012. This surge is attributed to renewed military action between the United States and Iran, which has revived concerns about disruptions to global oil supplies, particularly through the Strait of Hormuz. Crude oil prices have climbed back above $90 a barrel.