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Gas Prices Surge as Iran Conflict Disrupts Oil Flows, With Phoenix Above $4 and U.S. Average at $3.47

The switch to costlier summer gasoline, alongside West Coast refinery shutdowns, is intensifying the spike that analysts say could persist if the conflict drags on.

Overview

  • AAA reports Arizona’s average near $3.86 after a nearly 20% jump in recent days, with Phoenix-area prices topping $4 per gallon and weekly increases above 50 cents.
  • The national average climbed to about $3.47 per gallon on March 9, up from $2.99 a week earlier and $2.90 a month ago, according to AAA.
  • Crude markets whipsawed after late‑February strikes and Strait of Hormuz disruptions, with Brent briefly near $119 a barrel before easing toward the mid‑$90s on Monday.
  • Constraints at the Hormuz chokepoint, the spring shift to more expensive fuel blends, and reduced West Coast refining capacity are driving the sharpest increases in Western markets.
  • U.S. Central Command said a service member died from injuries in a recent Iranian attack, a security development cited alongside fuel-market volatility.