US gasoline prices soar to highest in 14 years on Russia conflict

AAA said average U.S. regular grade gasoline prices hit $4.009 per gallon on Sunday, up 11% from $3.604 a week ago and up 45% from $2.760 a year ago.

NEW YORK: U.S. gasoline prices jumped 11% over the past week to the highest since 2008 as global sanctions cripple Russia's ability to export crude oil after its invasion of Ukraine, automobile club AAA said on Sunday.

AAA said average U.S. regular grade gasoline prices hit $4.009 per gallon on Sunday, up 11% from $3.604 a week ago and up 45% from $2.760 a year ago.