Oil, gasoline prices jump amid Iran strikes, with future uncertain
The Hill
by Rachel FrazinMarch 2, 2026
The U.S.-Israel strikes on Iran have surged oil prices, and costs for consumers at the pump are expected to rise. The price of global benchmark Brent Crude oil was at about $77 per barrel as of Monday afternoon, up from about $71 a week ago and about $66 per barrel a month ago. U.S. gasoline…
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Originally published on The Hill on 3/2/2026