US Labor Day Gasoline Prices Set Record High as Middle East War Lifts Costs

US national average gasoline prices are projected to hit $4.03 on Labor Day, surpassing the 2012 record of $3.83, driven by Middle East conflict-related energy costs. This marks the highest price ever for this time of year, adding economic pressure as midterm campaigns begin. The record is an extension of war-driven supply concerns, with uncertainty over how long elevated prices persist.