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Missouri Gas Prices Rise Above $4.44 as Iran War Disrupts Supply

AAA said Missouri gas averaged $4.446 a gallon Sunday as the closed Strait of Hormuz keeps pressure on fuel markets.

  • American gas prices averaged $4.446 per gallon as of Sunday, the highest level since July 2022, after climbing more than 30 cents in the past week amid the Iran war.
  • The Strait of Hormuz remains closed amid the Iran war, disrupting a crucial oil trade route and driving prices upward since Feb., when gas averaged $2.98 per gallon.
  • To curb high fuel costs, the Department of Energy released 17.5 million barrels from the Strategic Petroleum Reserve between March 20 and April 24, while seven OPEC+ countries agreed to boost production by 188,000 barrels daily.
  • ClearView Energy Partners co-founder Kevin Book warned that prices may rise for weeks or months depending on Strait closure duration, predicting any price drop would "probably be a bad one, not a good one."
  • When the Iran war ends, President Trump promised gas prices will "drop like a rock," though experts caution that facility repairs and inventory replenishment could delay a return to normal levels.
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Time News broke the news on Sunday, May 3, 2026.
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