Map Shows Gas Prices in Each State as Iran Ceasefire Ends
Summary
Gas prices in the United States rose slightly after President Donald Trump said the ceasefire with Iran ended, raising concerns about oil supply through the Strait of Hormuz. The average price was $3.796 per gallon, with higher costs in states like Hawaii and California, and experts said prices could increase further in the coming weeks depending on market reactions.Key Facts
- President Trump said the Iran ceasefire is “over,” increasing tension in the Strait of Hormuz, an important route for global oil.
- Gas prices increased nationally to $3.796 per gallon on Wednesday, up from $3.790 the day before.
- Prices are highest in Hawaii ($5.458), California ($5.364), and Washington ($5.004) and lowest in Indiana ($3.064), Oklahoma ($3.338), and Texas ($3.53).
- Gas prices had fallen recently but may rise again due to the conflict’s impact on oil supply.
- Experts say gas prices can react quickly, with possible full increases in the next two to three weeks.
- The U.S. is the world’s largest oil producer, so oil crises do not affect the country as severely as in the past.
- The situation is still uncertain, and prices could go down if tensions ease, similar to what happened during the June ceasefire.
- The Strait of Hormuz connects the Persian Gulf with the Gulf of Oman and is a key channel for transporting oil worldwide.
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