U.S. gas prices have surged to $4 per gallon, marking a 35% increase since the onset of the conflict involving Iran. This significant rise in energy costs is contributing to a growing risk-off sentiment in financial markets, as investors react to the heightened uncertainty and potential economic impacts. The escalation in gas prices is seen as a direct consequence of geopolitical tensions, which have disrupted supply chains and increased market volatility. As energy costs climb, market participants are increasingly cautious, reflecting broader concerns about the stability of global economic conditions.