How Long Could Gas Prices Stay High? Forecasting the Iran War

How US’ ‘stupid war’ with Iran torched fuel price stability in America

At a petrol station in the Washington suburbs, drivers confronted the harsh domestic repercussions of the war on Iran, as spiking fuel prices hit household budgets hard. Jeanne Williams, 83, had just driven 160km from Richmond, Virginia, where she was visiting her elder sister. “That is horrible,” she said, stunned by the prices visible on the Liberty petrol station’s LED board. “I’m not angry. I’m just bewildered, confused, unhappy,” she said. …

How High Could Gas Prices Go? What to Know About the Iran War’s Ongoing Impact

Donald Trump’s war with Iran has dealt a high cost to American wallets, and on the final days of March, the conflict broke a new threshold. For the first time since 2022, following Russia’s invasion of Ukraine, the national average retail price of gasoline crossed $4 per gallon, according to price-tracking service GasBuddy and the American Automobile Association.This marks an increase of more than $1 from last month’s prices before the war began…

How long could gas prices stay high? Forecasting the Iran war

Gas prices are continuing to jump: The new national average for a gallon crossed $4 on Tuesday.This is starting to get into consumer mindset -- an uncomfortable level," said GasBuddy's Patrick De Haan.Molly Kenefick is paid to walk dogs. But just like millions of other workers, she depends on her car to get to her job."We spend an hour picking the dogs up at their homes, an hour hiking, and then an hour driving around to drop them off at home ag…

Why gas prices spiked again and how to save when you fill up at the pump

Gas prices spiked again as the war in Iran continues to drag on. Here's a look into why and how to save money when you fill up.

Charts and maps: Tracking US gas prices as war with Iran drags on

By Soph Warnes, Matt Stiles, Tal Yellin, Byron Manley, Lou Robinson, Renée Rigdon, Annette Choi, CNN (CNN) — Gas prices in the United States have surged to reach an average of just over $4 per gallon Tuesday, the highest level since 2022, according to AAA. The war with Iran has sent oil prices – and hence gasoline prices – higher for two primary reasons: a near-shutdown of the Strait of Hormuz, a key conduit for oil flows; and a slowdown in oil …