US Gas Prices Jump 9 Cents in Two Days Amid Middle East Tensions
AAA says the national average reached $3.88 a gallon as renewed U.S.-Iran strikes slowed oil shipments through the Strait of Hormuz.
- On Friday, U.S. gas prices rose 9 cents as shipping traffic through the Strait of Hormuz fell to 34 vessels, the lowest level since June 28, following renewed U.S. airstrikes on the Islamic Republic.
- President Donald Trump reiterated on Friday that the three-week ceasefire with Iran is "over," intensifying concerns that prolonged conflict could disrupt the Persian Gulf waterway, which handles roughly 20% of global energy flows.
- According to AAA, national gasoline prices rose to $3.88 a gallon on Friday, up from $3.84 last week, as attacks by Ukraine on Russian oil refineries further tightened global fuel supplies.
- Drivers in Seminole County, including Jose Springhoff, expressed frustration with fluctuating costs, with Springhoff noting that rising prices are becoming "unbearable" for families struggling to keep up.
- Petroleum expert Patrick De Haan noted that seasonal driving demand typically surges during summer, while environmental rules requiring summer-blend gas add between 10 and 25 cents per gallon to production costs.
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Gas Prices Surge as U.S.-Iran Tensions Spark Fresh Fears at the Pump - Internewscast Journal
Internewscast Journal Internewscast Gasoline prices are climbing again as fresh military confrontations between the U.S.… This Post: Gas Prices Surge as U.S.-Iran Tensions Spark Fresh Fears at the Pump first appeared on Internewscast Journal
Gas price roller coaster: Drivers frustrated with latest increase at pump
Gas prices are on the rise again after President Trump announced the end of a ceasefire between the U.S. and Iran. According to AAA, the national average for regular unleaded was $3.88 per gallon on Friday.
US gas prices jump 9 cents in two days amid Middle East tensions
U.S. gas prices are up 9 cents in just two days. AAA says regular gas is averaging about $3.88 a gallon nationwide.Diesel prices are also higher than they were before President Donald Trump declared the U.S.-Iran ceasefire over.RELATED STORY | Iran warns oil tankers to use approved routes in Strait of Hormuz or face a 'forceful response'Renewed U.S. and Iranian strikes are slowing the flow of oil through the Strait of Hormuz, pushing prices high…
Thursday's wave of attacks was the most extensive since Washington and Tehran signed a memorandum of understanding on June 17 to extend the ceasefire.
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