Americans should brace for a jump in fuel prices following Israel’s military strikes on Iran. Experts say gas could rise 10 to 25 cents per gallon as oil prices surged more than 8% on Friday amid fears of a wider Middle East conflict.
The price per barrel for U.S. crude hit $73, while international benchmarks climbed above $75. Analysts warn the market response is driven more by fear of disruption than actual supply loss, but escalating tensions could worsen the impact.
With the national average at $3.13 per gallon, any prolonged unrest could push fuel costs higher for weeks, especially if retaliation or further escalation occurs.