US Gas Prices Surpass $4 Per Gallon Amid Iran War's Impact on Oil Supply

The war in Iran has driven gas prices sharply higher across the United States, with the national average now exceeding $4 per gallon, according to data from motor club AAA. Prices have climbed more than 40% since the U.S. and Israel launched the conflict, as the global oil supply has tightened. The increases are putting additional pressure on household budgets already under strain.

The ongoing war in Iran has pushed average gas prices across the United States above $4 per gallon, a rise of more than 40% since the U.S. and Israel launched the conflict, as global oil supply tightens.

Six states — Alaska, California, Hawaii, Oregon, Nevada and Washington — are now seeing average gas prices above $5 per gallon. Drivers in Indiana, Mississippi and Texas are paying the least, according to AAA data. A Brown University analysis found that the rise in gas prices since the start of the war has cost Americans more than $50 billion in total.

Jet Fuel and Oil Prices Also Affected

The fuel price increases extend beyond gasoline. Jet fuel prices have also been surging, prompting airlines to raise airfares. Oil prices have spiked and fluctuated, at one point approaching pre-war levels, but are now rising again as instability in the Middle East continues.

Since mid-May, the national average gas price has fallen by around 30 cents. Even so, the average price per gallon remains more than a dollar higher than it was before the war began. Gas prices are being tracked at the national, state and county levels, with data updated daily.