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U.S. Gas Prices Jump Nationwide as Oil Spikes After Strikes on Iran

Oil market turmoil tied to the Iran conflict is feeding through to pumps with wide state-by-state disparities.

Overview

  • AAA and GasBuddy put the national average for regular at roughly $3.44–$3.45 per gallon, up about 16% in a week to the highest level since 2024.
  • WTI crude surged from the mid‑$60s in late February to $90.90 on Friday and opened near $108 Sunday night, a jump that typically reaches retail prices with a lag.
  • California’s average has moved above $5 per gallon, Los Angeles County sits around $5.17, and one downtown LA Chevron was posted at $8.21 per gallon.
  • Regional snapshots show Pennsylvania around $3.55 with Philadelphia up about 36–37 cents on the week, Minnesota at $3.25 from $2.79, and Phoenix near $4.10 after a roughly 56‑cent weekly rise.
  • Forecasts diverge, with experts warning prices could climb further if fighting continues and Polymarket assigning notable odds to $4.50–$5.00 nationally by month‑end, while Energy Secretary Chris Wright says the spike should be temporary.