https://www.live-feeds.com/feed/august-gas-prices-set-new-record-as-republicans-sink-america-deeper-into-the-most-recent-quagmireContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/august-gas-prices-set-new-record-as-republicans-sink-america-deeper-into-the-most-recent-quagmirehttps://www.live-feeds.com/feed/august-gas-prices-set-new-record-as-republicans-sink-america-deeper-into-the-most-recent-quagmire#u45305Wed, 19 Aug 2026 21:55:25 +0000Gas prices in the US have reached the highest level ever recorded for August, driven by stalled talks with Iran and the closure of the Strait of Hormuz. This has significant implications for American drivers and the broader economy. The rising prices are affecting drivers differently depending on the type of fuel they use. The situation is expected to have a considerable impact on household budgets.Why it mattersThe surge in gas prices comes amid ongoing tensions between the US and Iran, which have led to concerns about supply disruptions. The situation is being closely watched by policymakers