U.S. Gasoline Average Rises to $4.18 a Gallon, Highest Since Aug. 22

The average price of a gallon of gasoline in the United States has risen to $4.18, its highest level since August 22, according to the provided update. The same update says U.S. oil prices are now trading around $100 per barrel. Higher crude oil prices typically feed into gasoline costs because crude is the main input for refined fuels, making the move relevant for inflation expectations and broader financial markets.

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