US Edition
How the War with Iran Is Driving up Oil and Gasoline Prices, in Charts and Maps
11 Articles
11 Articles
The conflict could create inflationary pressures that will affect much more than the price of gasoline.
By Soph Warnes, Matt Stiles, Tal Yellin and Byron Manley, CNN. Oil prices have surged this week, driving up the price at US gas pumps just as Americans are already struggling with the cost of living. On Monday, oil prices hit their highest level since mid-2022, when markets were rattled by Russia's invasion of Ukraine. CNN is monitoring daily oil and gasoline prices, including the average price at gas pumps in every US state.
California tops the list of states with the highest fuel price reaching $5 followed by Washington and Hawaii
According to the US price tracking service GasBuddy, as of Monday morning, the average price of gasoline in the United States reached $3.46 per gallon (about 40 hryvnias/litre). This is 40 cents more than a week ago. That is, more than 11 per cent in a matter of days, Bloomberg informs us. After the US and Israel attacked Iran more than a week ago, the conflict became a full escalation covering the entire Middle East. Iran de facto blocked the O…
The war in the Middle East, sparked by the US and Israeli attacks against Iran, is already having its first economic consequences in our country. The threats from the Persian nation regarding the Strait of Hormuz, the waterway through which 20% of the world's daily oil consumption passes, have caused gasoline prices to skyrocket, with Brent crude now exceeding $100 a barrel. This is directly impacting gas stations across Spain, which have alread…
The average price of gasoline in the United States rose again this Monday and reached $3.48 per gallon, driven by the increase in oil in the midst of the escalation of the conflict in the Middle East.According to data from the American Automobile Association, the domestic price of fuel has increased by almost 17% since the beginning of the attacks of the United States and Israel against Iran on 28 February.The increase occurs in a context of str…
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