The average price of gasoline in the United States has climbed to $4.30 per gallon, marking a sharp increase amid escalating tensions tied to the conflict with Iran and continued disruption in global oil markets.
The rise reflects a nearly 30-cent increase over the past week and a broader surge from under $3 per gallon before the war began on February 28, according to data from the American Automobile Association.
Fuel prices have been pushed higher by a combination of geopolitical and supply factors, including Iran’s blockade of the Strait of Hormuz and a U.S. naval siege targeting Iranian ports.
Global oil prices have surpassed $100 per barrel, with earlier peaks exceeding $126, raising concerns about prolonged instability in energy markets.
The national average for gasoline is now $1.12 higher than a year ago and stands at its highest level in four years.
In California, prices have exceeded $6 per gallon, amplifying pressure on consumers in one of the country’s largest markets.
Despite the United States being a major oil producer, domestic prices remain sensitive to global fluctuations, particularly during periods of geopolitical tension.
The surge in energy costs has contributed to rising inflation and growing economic uncertainty, posing challenges for President Donald Trump.
Public opinion polls indicate declining approval ratings, with dissatisfaction linked in part to the ongoing conflict and its economic consequences.
Trump has maintained that higher fuel costs are temporary and tied to broader strategic goals in the confrontation with Iran.
“The gas will go down. As soon as the war is over, it’ll drop like a rock,” he said.
However, fuel prices have continued to rise even after a ceasefire was reached earlier in April, underscoring the complexity of global oil pricing.
Meanwhile, diplomatic tensions persist, with Iran rejecting direct talks until the U.S. naval blockade is lifted, signaling a continued impasse with no immediate resolution in sight.