US average gas prices still 46 pct above pre-Iran war levels

The average retail price of a gallon of gasoline in the United States dropped to 4.35 dollars on Saturday -- down 4 U.S. cents from Friday and 17 U.S. cents from a week earlier -- but still 46 percent higher than the level before the U.S.-Israel war on Iran, according to the American Automobile Association.

Global oil prices are rising as the Iran war disrupts shipping through the Strait of Hormuz and forces energy facilities offline, fueling mounting supply concerns.

Since the United States and Israel launched military action against Iran on Feb 28, U.S. drivers have seen a sharp rise in fueling costs.

Industry analysts warned that the longer the Strait of Hormuz remains shut, the heavier the toll on the global economy.

US average gas prices still 46 pct above pre-Iran war levels

The International Atomic Energy Agency (IAEA) said on Saturday that its team stationed at the Zaporizhzhia Nuclear Power Plant has requested access to the site for an investigation after a drone strike damaged the turbine hall at the plant.

The drone attack was the first one taking place close to the nuclear power plant since April 2024, said the agency.

IAEA said it will keep the investigation updated based on further reports from the investigation team once on-site inspection is permitted.

IAEA Director General Rafael Grossi on Saturday expressed serious concern over the incident, warning that attacks on nuclear facilities are "like playing with fire".

IAEA demands access to Zaporizhzhia Nuclear Power Plant after drone strike