US EditionGas Prices Highest Since 2023: AAA
U.S. drivers face a 30% gas price increase since the Iran conflict began, reaching an average of $3.88 per gallon, impacting transportation and inflation nationwide.
- U.S. gasoline prices surged amid the war in Iran, pushing pump costs to their highest levels since 2022 as market disruptions constrained oil supplies. Drivers paid an average of $3.88 per gallon on Thursday, up sharply from $2.98 before the conflict began.
- President Trump authorized U.S. military force in Iran, and the conflict has stretched into its third week, disrupting global oil flows. About 20% of the world's oil supply flows through the Strait of Hormuz, which Iran is threatening to mine, creating a critical supply choke point.
- Sen. Crapo stated that "it was very clear that Iran would not stop its efforts to build a nuclear weapon," justifying the military response. Brent crude oil now trades above $110 per barrel, and U.S. oil prices have risen roughly 43% from prewar levels to about $96 per barrel.
- The funding stalemate over Immigration and Customs Enforcement and Border Patrol allocations has triggered a partial government shutdown. Boise TSA agents reported missed paychecks, and Sen. Crapo said "we will probably have another vote or two in the next 24 hours on whether to open the government up."
- Idaho News 6 will continue questioning Congressional leaders on the crisis, while analysts warn that if prices reach about five bucks a gallon, "the heads are going to start spinning." Sen. Crapo expressed hope the Strait will eventually reopen, easing supply constraints.
17 Articles
17 Articles
The Toronto Star
How the Iran war and surging oil prices are affecting consumers at the gas pump and beyond
NEW YORK (AP) — As the war in Iran ratchets up, the price of crude oil has been swinging sharply. Consumers are already feeling the effects of the war and
US gas prices skyrocket to highest level since 2023 after 19 days of war in Iran
The U.S.-Israeli strikes against Iran are taking a toll on each American's pockets as gas prices surge to the highest level in three years.Iran responded to the decapitation strikes by confirming fears that it would shut down the Strait of Hormuz, a choking point for global oil tankers.'I would love to see the gas prices go down because everybody might not be financially able to meet the demands of these high prices.' Oil prices have skyrocketed…
Gas prices highest since 2023: AAA
Regular gas prices are at their highest since 2023 amid the U.S. and Israeli conflict against Iran, according to AAA, The Associated Press reported. On Wednesday, according to AAA, the average price of a gallon of regular gasoline nationally hit over $3.84, with gas prices not being this high since September 2023, the AP reported....
Vance labels surge in gas prices a 'temporary blow,' acknowledges people are 'hurting' during Iran war
The Trump administration is working to lower gas prices as motorists continue to pay more at the pump since the outbreak of the Iran war, Vice President JD Vance said Wednesday, noting that the increase is temporary. Vance was at the Engineering Design Services, Inc. manufacturing plant in Auburn Hills, Michigan, where he was asked about rising gas prices."Gas prices are up, and we know they're up," Vance said. "We know that people are hurting b…
Sen. Mike Crapo backs Trump's actions in Iran as gas prices surge
Senior Reporter Don Nelson spoke with Senator Mike Crapo on Tuesday, addressing concerns from Americans regarding the war in Iran and the partial government shutdown.Sen. Crapo has been a vocal supporter of President Trump and both his foreign and domestic policies.RELATED | Idaho politicians respond to Trump authorizing U.S military force in IranPresident Trump says that it won't take long to take down the Iranian regime, despite the conflict s…
Gas Prices Soar Nearly $1 In Month During Iran War: How CT Costs Have Changed
Gasoline prices have risen nearly $1 nationwide in the last month as the US-Israeli war on Iran fuels global oil market turmoil.The national average price for gas climbed to $3.88 per gallon, AAA said on Thursday, March 19. That's up 95 cents from Thursday, Feb. 19, and a weekly increase of 28 cents.The price surge is expected to continue after Israel launched a widespread attack on South Pars, the world's largest gas field, triggering retaliati…
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