Rubio insists US is ‘very fortunate’ as Iran war pushes gas price near $4.50

Marco Rubio has argued the US is in a “very fortunate” position as fuel prices continue to climb nationwide amid disruption sparked by the US-Israel war on Iran. With average US fuel prices now approaching $4.50 a gallon – their highest level in four years – the US secretary of state was asked on Tuesday how long Americans should accept them at such levels. Other countries were suffering “big time”, Rubio replied. The US was “very fortunate” as a net exporter of oil, which is not as reliant as other countries on oil from the Middle East, he said. “We’ve been insulated to some degree,” Rubio added. “We’re obviously still vulnerable, to some extent, to global prices. But in the end, we’re more insulated than other countries – even though that’s not welcome news to Americans that are paying more at the pump, no doubt about it. “There are people that we’re predicting would be much higher at this point,” he claimed, “but we’re not taking that for granted”. Global oil prices have surged since the US and Israel first attacked Iran on 28 February. The strait of Hormuz , which usually carries a fifth of the world’s oil and liquid gas supplies, has since been all but closed – sparking vast economic disruption across the world. Average fuel prices in the US now stand at $4.48 per gallon, according to AAA, frustrating drivers and exacerbating affordability concerns. A year ago, they were just under $3.17. …