I'll hazard a guess and no turbo. Normally aspirated, yes? We hope.
All I can do is copy and paste this morning after yet another supposedly Irish Traditional band plays modern (1990s up) country line dancing covers through the third and last session. The coffee was awful and kept me up. Ain't no way.
My best to Alaska state. MO-state is an embarrassment.
Yet with the strong gas smell, with engine off and and key out of ignition, pull the vacuum line from the fuel pressure regulator and the throttle body to see if fuel comes out or the vac line interior is 'damp' with liquid fuel after starting it unsuccessfully once.
Unless you smell gas smell coming off the low-pressure rubber return hoses connected to either side of the FPR. May want to replace the low pressure rubber fuel line. We all should do so.

Image from web page:
https://hotcrowd.wordpress.com/2010/08/01/replaced-fuel-pressure-regulator-on-the-volvo-240-today/
On a cold engine, you can run your nose along the two short and long rubber fuel line sections. If you can smell a fuel smell through the hose, time to replace those sections.
Check out the 700-900 FAQ:
Engine Tune and Performance: Symptoms
https://www.brickboard.com/FAQ/700-900/EnginePerformanceSymptoms.htm
Engine and OBD Diagnostic Codes
https://www.brickboard.com/FAQ/700-900/EngineOBDCodes.htm
Engine: Fuel Injection
https://www.brickboard.com/FAQ/700-900/EngineFuelinjection.htm
Electrical: Engine Sensors
https://www.brickboard.com/FAQ/700-900/EngineSensors.htm
Electrical: Ignition System
https://www.brickboard.com/FAQ/700-900/ElectricalIgnition.htm
Check the OBD codes for Bosch engine control socket 2 for fuel injection and socket 6 for ignition. If a fault code, and not a 1-1-1 flashes out, repeat code check until no new codes display in both sockets. Write any fault codes and post back.
If parked outdoors or high mileage, it may be useful to plug and unplug wire harness connectors you are confident you want to. Connectors like engine control wire harness as the ignition power stage.
Also, any exhaust leaks before the catalytic converter?
Hope that halps.
Questions?
Thrush MacDuffed.
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