Gas Prices Hit $4.14 a Gallon Ahead of Trump’s Iran Deadline

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Gas prices have climbed to a national average of $4.14 a gallon, up 12 cents from last week and 88 cents from a year ago, as tensions with Iran continue to push oil markets higher. Reports say the jump comes just ahead of Trump’s Iran deadline, with crude prices rising on fears of further disruption around the Strait of Hormuz.

What’s driving it

The market is reacting to the risk of supply shocks tied to the Iran conflict, and analysts say even a short disruption can quickly ripple into pump prices. The latest increase marks the ninth straight day of higher gas prices and the highest national average since 2022.

Why it matters

Higher fuel costs hit consumers fast, especially ahead of spring and summer travel season. If tensions stay elevated, prices could keep moving higher before there’s any relief.