California Gas Prices Hit $6.06 Per Gallon Amid Iran War

California gas prices reached $6.06 per gallon this week, the highest in four years, as US fuel costs surge due to ongoing conflict with Iran. Americans have paid $21.7 billion more at gas pumps since the war began. Rising energy costs typically weaken the USD through inflationary pressures and reduced consumer spending power. Higher oil prices could prompt more aggressive Fed policy responses, creating volatility in dollar pairs and commodity-linked currencies.