Florida Gas Prices Climb as U.S.-Iran Escalation Pushes Oil Higher
AAA said Florida averages rose 6 cents in a week as crude oil climbed almost $2.50 a barrel on Middle East supply concerns.
- On Monday, Florida's average gas price reached $3.82 per gallon, up 5 cents from last week as renewed U.S.-Iran tensions over the Strait of Hormuz escalated.
- President Donald Trump declared a tentative peace deal with Iran "over" following new drone and rocket exchanges, intensifying the standoff in a critical chokepoint for global oil supplies.
- Crude oil prices climbed almost $2.50 per barrel since Friday, a 3% increase, as AAA spokesman Mark Jenkins cautioned that fuel supply disruptions could renew market volatility.
- The national average is poised to break an eight-week streak of declines, according to Patrick De Haan, head of petroleum analysis at GasBuddy, as global markets react to renewed conflict.
- Regional disparities persist across Florida, with West Palm Beach-Boca Raton drivers paying the highest at $3.98 per gallon, while Pensacola remains the least expensive at $3.57 per gallon.
12 Articles
12 Articles
Florida Gas Prices Rise 5 Cents as Iran Tensions Pressure Oil Markets
Florida gas prices rose 5 cents over the past week as escalating tensions between the United States and Iran pushed oil prices higher and renewed concerns about global fuel supplies. The statewide average for regular unleaded gasoline stood at $3.82 per gallon Sunday, according to AAA. That was 5 cents more than a week earlier, 8 cents less than a month ago and 86 cents higher than the same time last year. Prices fell early last week before incr…
Florida gas prices are up as Trump declares peace deal with Iran 'over'
Gas prices in Florida inched up over the past week after President Donald Trump declared a tentative peace deal with Iran as “over” amid new drone and rocket exchanges as the two countries battle over the Strait of Hormuz, a key chokepoint for global oil supplies. While prices in Florida showed a slight dip at […] The post Florida gas prices are up as Trump declares peace deal with Iran ‘over’ appeared first on Orlando Weekly.
Gas In Florida rises as U.S.- Iran peace deal ‘Over’
Gas prices in Florida inched up over the past week after President Donald Trump declared a tentative peace deal with Iran as “over” amid new drone and rocket exchanges as the two countries battle over the Strait of Hormuz, a key chokepoint for global oil supplies.
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