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Finance· Commodities

Labor Day Gasoline Just Hit a Record. Here’s What Comes Next

As Labor Day travel and retail activity ramped up, the U.S. national average price for regular gasoline reached $4.15 per gallon, marking a roughly 30% increase from a year earlier and topping the previous Labor Day record. Diesel also surged to $5.90 per gallon, while crude benchmarks climbed after renewed military escalations in the Middle East and supply disruptions tied to attacks on refineries and tankers.

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