Average US gas price up $1 from February amid Iran war
Average US gas price up $1 from February amid Iran war
Source: The Signal
Date: 03/27/2026 1:32pm
Article Summary:
**U.S. Gas Prices Surge $1 Since February as Iran Conflict Drives Oil Spike**
U.S. gas prices have jumped $1 since late February to a national average of $3.98 per gallon, driven by soaring oil prices amid the ongoing Iran conflict and disruptions in the Strait of Hormuz. California drivers are paying an average $5.84 per gallon, with some local stations nearing $6, as crude prices have surged more than 50% since the war began. The Trump administration has responded by releasing oil reserves, easing certain sanctions, and issuing temporary fuel waivers to help stabilize supply and curb further price spikes.
Read article here »
Date: 03/27/2026 1:32pm
Article Summary:
**U.S. Gas Prices Surge $1 Since February as Iran Conflict Drives Oil Spike**
U.S. gas prices have jumped $1 since late February to a national average of $3.98 per gallon, driven by soaring oil prices amid the ongoing Iran conflict and disruptions in the Strait of Hormuz. California drivers are paying an average $5.84 per gallon, with some local stations nearing $6, as crude prices have surged more than 50% since the war began. The Trump administration has responded by releasing oil reserves, easing certain sanctions, and issuing temporary fuel waivers to help stabilize supply and curb further price spikes.
Read article here »