Gas Prices Surge in U.S. as Iran War Chokes Global Oil Supply. What You Need To Know
The price of a gallon of gas has jumped 14% in a week and looks likely to rise even further as the war in Iran has disrupted oil supplies.

Oil prices on Sunday crossed into triple digits for the first time since 2022 — a stark sign of how the Iran war is throttling global supplies and raising consumers' costs.Why it matters: The psychologically important $100-a-barrel mark is going to increase pain for consumers, many of whom don't support the war and didn't have any real warning that it was…
The price of a gallon of gas has jumped 14% in a week and looks likely to rise even further as the war in Iran has disrupted oil supplies.
The war between the United States, Israel, and the Iranian regime dramatically escalated Saturday night after Israeli forces, coordinating with U.S.
The Trump administration is starting to loosen its sanctions on Russian oil in an attempt to counteract a rapid surge in gas prices due to the war with Iran. On Friday, Treasury Secretary Scott Bessent revealed that his department had permitted India to resume buying Russian oil after the United States imposed sanctions last fall. The Cabinet secretary…