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Gas Just Hit $4.50 and Diesel Is Up 50% Since the Iran War Began — and the Worst Hasn’t Hit Yet

Gas is $4.50 and diesel is up 50% since the Iran War began. JPMorgan warns inflation could top 5% by midsummer — and the worst pain hasn't hit yet.

5 Articles

Three months after the beginning of the war in Iran, the Strait of Ormuz remains partially blocked and oil prices continue to oscillate at the pace of diplomatic tensions between Washington and Tehran. An instability that is now reflected in the daily lives of the Americans, where the price of gasoline has risen by almost 50% since the end of February. All sectors are affected, including the most traditional ones, such as the famous lobster fish…

·Paris, France
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Bias Distribution

  • 50% of the sources lean Left, 50% of the sources are Center
50% Center

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Radio France Internationale broke the news in Paris, France on Thursday, May 28, 2026.
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