US EditionGas prices more than 40 cents higher per gallon than last week's national average
National average gasoline price rose to $3.41 a gallon, up 9 cents from Friday, driven by Middle East conflict disrupting oil supply and shipping in the Persian Gulf.
- U.S. drivers are seeing higher pump prices as the national gasoline average climbed to $3.413 on Saturday, rising overnight and amid crude above $90 according to AAA.
- Missile and drone strikes across the Middle East have stranded ships carrying roughly 20 million barrels a day in the Persian Gulf as the Strait of Hormuz became unsafe.
- The West Coast is seeing the steepest pump pain, with California averaging $5.078, while diesel averages $4.510 nationally and six states remain below $3 per gallon in the Southeast.
- The Development Finance Corporation unveiled up to $20 billion in insurance to restart tanker runs, while U.S. officials acknowledged firms remain wary and said military escorts would begin when possible.
- Economists warn of a 'rockets and feathers' pattern, AAA notes gas hit $3.80 last time crude was this high, and market trackers say prices may understate a prolonged strait closure and summer demand.
25 Articles
25 Articles
Gas Prices Surge in U.S. as Iran War Chokes Oil Supply
Gas prices are surging across the United States as the fallout from the U.S.-Israeli attack on Iran continues to choke global oil supplies. The national average for a gallon of regular gasoline jumped by 14% in a week to $3.41 on Saturday, according to data from the AAA motor club. [time-brightcove not-tgx=”true”] The price was under $3 a week ago, but the conflict has severely disrupted oil flows through the Strait of Hormuz, sending crude oil …
Gasoline prices in the United States have again risen yesterday, with the price of the gallon (which corresponds to 3.7 litres) being increased by 34 cents of dollars, or about 11% since the beginning of the war led by the United States and Israel against Iran. With this increase, the average gas oil price has reached US$ 3.32 per gallon, the highest value since September 2024, according to the Automotive Association (AAA). ANP: Gasoline and die…
Crude prices make record jump as Trump’s measures fail to calm markets
A week after it began its strikes on Iran, the Trump administration’s efforts to stem the rise in energy prices have yet to turn the tide — and analysts warn the worst of the price shocks may still be to come. The U.S. benchmark oil price eclipsed $90 a barrel on Friday for the first time since 2023, up more than $20 since the war began Saturday and the market’s highest one-week jump in history. The price increase has already started to appear f…
Gas prices climb in Colorado ski towns as uncertainty grows over Middle East tensions
Gas prices in Colorado’s ski towns have risen notably since last week, following sharp increases in petroleum prices as anxiety rises over potential disruptions to crude supplies from the Middle East. Less than a week after the United State’s conflict with Iran created threats to oil supply and a major global shipping route, the national average price of gasoline saw its largest single-day spike since 2022 on March 2, according to a post by GasB…
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