U.S. gas prices still rising despite stabilized crude oil prices
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The Bottom Line
U.S. gas prices continue to rise despite stabilized crude oil prices, influenced by the Iran conflict.
How This Affects You
You may continue to pay more at the gas pump, impacting your transportation costs and household budget.
AI Summary
U.S. gas prices are continuing to rise, impacting American consumers at the pump. This increase occurs despite crude oil prices having stabilized. The ongoing conflict with Iran is cited as a factor influencing global energy prices. Patrick De Haan, head of petroleum analysis for Gas Buddy, will discuss this situation on CBS News.
What's Being Done
Patrick De Haan will discuss rising U.S. gas prices on CBS News.
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Economy & Markets
Monitoring the US and global economy including inflation, employment, Federal Reserve policy, trade tensions, market volatility, housing affordability, and the financial pressures facing American households.
Iran & Middle East Conflict
Tracking the evolving military and diplomatic situation across the Middle East, including US-Iran tensions, Israeli operations, proxy conflicts, and the broader geopolitical implications for the region.
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FinanceCracks emerged in a resilient US economy before war in Iran sent oil prices rocketing - AP News
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FinanceKey inflation gauge worsened in January, before Iran war lifted gas prices - AP News
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FinanceGold holds steady as rising oil prices, inflation woes cap safe-haven demand - Reuters
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PoliticsTrump dismisses soaring gas prices as 'a little glitch' of Iran war
President Trump is dismissing skyrocketing gas prices as Americans start to feel the economic ripple effects of his war with Iran.
Global‘I don’t give a shit about Iran. I don’t want to pay higher gas’: Motor City motorists feel pinch as gas prices surge
<p>Drivers in Detroit are unhappy with the spike in gas prices, even if reactions are mixed to the US-Israel war on Iran</p><p>On a rainy <a href="https://www.theguardian.com/us-news/detroit">Detroit</a> afternoon at a gas station off Interstate 75, Victor Rodriguez watched the pump tally tick up as he filled up his F-250 diesel pickup truck for $4.19 per gallon. It totaled $110. “Ridiculous,” he said.</p><p>The <a href="https://www.theguardian.com/world/us-israel-war-on-iran">US-Israel war on Iran</a> has <a href="https://www.theguardian.com/business/2026/mar/12/middle-east-war-creating-largest-supply-disruption-in-the-history-of-oil-markets">crippled major portions</a> of the oil supply chain, sending gas prices soaring as the conflict enters its third week. Rodriguez said he supports “getting rid of this thug”, referring to Iran’s <a href="https://www.theguardian.com/world/2026/mar/08/death-of-khamenei-seen-as-irans-berlin-wall-moment">Ayatollah Ali Khamenei</a>, who was killed b...
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