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The average cost of gasoline across the United States has reached $4 per gallon for the first time since 2022, as reported by GasBuddy. Additionally, Iran is said to have approved a proposal to impose a fee on vessels passing through the Strait of Hormuz.

The national average price of gasoline in the US reached $4 per gallon for the first time in over three years on Monday, as reported by GasBuddy’s price monitoring service. A fully loaded Kuwaiti oil tanker docked in Dubai was targeted by attacks, according to Kuwait’s state news agency. Iran’s parliamentary Security Committee approved a proposal to charge ships passing through the Strait of Hormuz, as reported by state television.

Here are the key advancements in theUS-Israeli war on Iran on Tuesday, March 31:

Kuwaiti oil vessel moored in Dubai came under attack

A Kuwaiti oil vessel moored in a Dubai port was targeted by what seems to be Iranian attacks, according to reports from Kuwait’s official news agency KUNA.

The oil tanker was completely filled at the moment of the event, according to KUNA, which referenced Kuwait Petroleum Corporation. The firm cautioned about a potential oil leak in nearby waters.

The Dubai Media Office later stated that fire response teams were handling the situation and that the safety of all 24 crew members had been ensured. No injuries were reported.

U.S. gasoline costs have reached $4 per gallon, the highest level since 2022.

The average cost of a gallon of gasoline in the United States reached $4 on Monday, as reported by the GasBuddy app, which monitors fuel prices.

Oil prices also increased following a statement from the Kuwait Petroleum Corporation that a fully loaded tanker was targeted in what it referred to as Iranian attacks.

The West Texas Intermediate crude oil futures, the US standard, rose 3.4% to $106.40 per barrel by 19:54 ET (2354 GMT) late Monday.

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A summary of key occurrences throughout March 30:

President Donald Trump conveyed conflicting signals regarding the conflict with Iran, claiming that the United States was prevailing in the war, despite thousands of American military personnel being on their way to the area.

Trump also asserted that progress had been made in discussions with Iran, despite the Iranian Foreign Ministry spokesperson stating that no direct conversations had occurred. He warned of potential strikes against Iran’s energy facilities if Tehran did not allow the Strait of Hormuz to be reopened.

A militant group supported by Iran, which holds significant control over Yemen, became involved in the conflict this weekend by launching a missile strike aimed at southern Israel.

Some worry that the group could attack ships in the Red Sea again, potentially worsening the global energy supply crisis.