Six months into the Iran War, gas is up 37% — and August is about to set a record
AAA says gas prices are up nearly 40% from when the Iran war began as supply disruptions keep crude oil above $80 a barrel.
- On Thursday, the national average price for a gallon of regular gas reached $4.10 as the Iran War nears its six-month mark, far exceeding President Donald Trump's original prediction of four to five weeks.
- Launched on Feb. 28, 2026, the Iran War triggered significant supply chain disruptions at the Strait of Hormuz, a critical chokepoint for about 20% of global oil shipments. Eighteen service members have died in the roughly six months since.
- Nationwide gas prices are up nearly 40% compared to last year when the average cost was $3.19, according to AAA. Prices peaked at $4.56 on May 21, while crude oil currently remains in the $80 range.
- In a radio interview on Aug. 26, Trump told Glenn Beck the Strait is "functioning" and he is "not in a hurry" for negotiations with Iran. Vice President Vance previously stated the White House would ramp up economic pressure.
- Economic stability was a central platform for Republicans winning the White House and Congress in 2024, yet multiple polls this month show Americans feel pessimistic about the war and ongoing economic troubles.
33 Articles
33 Articles
Gas prices expected to set record as most expensive August ever
The average price of a gallon of regular unleaded fuel has been above $4 for the entire month of August and may soon set a record. According to AAA, gas prices are not expected to drop for the rest of the month, meaning this August will be the most expensive August ever for gas prices.
AAA: Gas Prices Remain High as August Will Likely Set New Record
Gas prices remain high as we close out the month of August. AAA reports that the national average for a gallon of regular gasoline is one cent lower than last week at $4.09, but there’s been little movement on the crude oil front. Due to continued volatility in the Strait of Hormuz, crude oil prices remain in the $80 per barrel range. For the first time ever, the national average in August has been above $4 per gallon every day. This month is po…
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