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Consumer Impact as Iran War Pushes Gas Prices Higher

Escalations in the Middle East have driven gas prices in Canada up by $20 to $25 per fill, with 85% of the increase attributed to Iran-U.S. tensions, says analyst Patrick De Haan.

Summary by YOURBASIN
ODESSA, Texas (KMID/KPEJ) - The U.S. war with Iran has caused shockwaves in the economy across the country. Primarily, the price of oil. U.S. oil prices have risen nearly 50%. The day before the U.S.-Israel joint strike took place in Iran (February 28, 2026), WTI (West Texas Intermediate) prices closed at $67.02. Prices as of [...]

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Star Tribune broke the news in Minneapolis, United States on Wednesday, March 18, 2026.
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