Summary
Gas prices in the United States have risen above $3 per gallon in every state due to ongoing conflict in the Strait of Hormuz linked to the Iran war. The national average hit $3.598 per gallon, the highest since May 2024. To counteract rising prices, President Trump announced the release of oil from the Strategic Petroleum Reserve.
Key Facts
- All U.S. states have gas prices above $3 per gallon.
- The national average price for gas is $3.598 per gallon.
- Gas prices rose after the U.S. and Israel launched strikes on Iran.
- California has the highest gas prices at $5.368 per gallon.
- North Carolina has the lowest gas prices at $3.383 per gallon.
- The Trump administration plans to release 172 million barrels from the Strategic Petroleum Reserve.
- President Trump stated he is not concerned about rising gas prices.
- U.S. officials expect prices to drop after completing Operation Epic Fury in Iran.
