What to know about surge in gas, oil prices as Iran turmoil persists
The Hill
by Ryan ManciniMarch 7, 2026
The growing conflict in Iran, spearheaded by U.S. and Israeli strikes followed by retaliatory attacks by Iran on Gulf partners, has resulted in a surge in domestic gas and oil prices. The U.S. national average for a gallon of regular gasoline jumped 14 percent since last week to $3.41 as of Saturday, according to data…
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Originally published on The Hill on 3/7/2026