Treasury Secretary Scott Bessent reassured American consumers yesterday that "help is on the way" as the Iran conflict causes gas prices to climb to a national average of $4.50 per gallon. Iran's control over the Strait of Hormuz has impacted shipping through the Persian Gulf, resulting in higher oil and gas prices in the United States. The average price of a gallon of gas in the U.S. yesterday was approximately $4.46, according to AAA. “Help is on the way as of today," Bessent said on Fox News’s “America’s Newsroom” program.
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