US EditionUS gasoline crosses $3 per gallon mark in test of Trump's Iran war
Gasoline prices rose above $3 per gallon due to Middle East conflict and refinery transitions, with Brent crude nearing $77 a barrel, analysts said.
- On March 2, 2026, U.S. average retail gasoline prices topped $3 per gallon, according to OPIS's live database.
- Amid strikes in the region, Brent crude rallied more than 5% to nearly $77 per barrel as Tehran's retaliation struck production and ships in the Strait of Hormuz.
- Transitioning to costlier summer-grade motor fuel has coincided with four straight weeks of gains, and refinery snags could worsen the rise in U.S. gasoline prices.
- Higher gasoline prices pose a political risk for Trump and Republicans ahead of November, with nearly half in a Reuters/Ipsos poll less likely to support his Iran campaign if prices rise.
- GasBuddy analyst Patrick De Haan said, `'In the week ahead, gasoline prices are likely to face heightened upward pressure as seasonal trends continue and markets navigate this evolving geopolitical landscape,'` and Tom Kloza forecasts $3.25 per gallon.
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14 Articles
Gas prices cross $3 gallon for first time since November — and Americans could face more pain at pump
Average US gasoline prices on Monday jumped above $3 a gallon for the first time since November following the outbreak of conflict in the Middle East – and heightened tensions there could see more hikes at the gas pump over the coming weeks, according to experts.
US gasoline crosses $3 per gallon mark in test of Trump's Iran war
Average U.S. retail gasoline prices crossed $3 a gallon for the first time since November on Monday as the conflict in the Middle East worsened, setting up a key test of public approval of President Donald Trump's decision to attack Iran, analysts said.
The average price of petrol for pumps in the United States exceeded the threshold of $3 per gallon for the first time in November on the basis of the deepening of the conflict in the Middle East, putting the President Donald Trump's decision to attack Iran.
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