As Donald Trump’s hugely unpopular war with Iran continues to cost taxpayers billions by the day, oil and gas prices are skyrocketing. This week, U.S. gasoline prices hit their highest level in four years as Americans spend the most in years at the pump and less elsewhere. With Trump at the helm, chaos reigns in the Middle East, where a tug-of-war for control over the Strait of Hormuz is causing long-term uncertainty for oil supplies – threatening to drive up gas prices, diesel prices, and jet fuel for months to come, which will eventually bring up food and shipping costs, airfares, and more. Trump’s war is hitting working Americans where it hurts, with millions paying the price. Meanwhile, Americans are already dealing with GOP policies that have led to mass layoffs and high prices on everything from health insurance premiums to electric bills – all to give billionaires more tax breaks, and themselves golden ballrooms and taxpayer-funded private jets. Read more about the cost of Trump’s war with Iran at the gas pump and beyond:
Gas Prices
- ABC News: US gasoline prices hit highest level in 4 years
- The New York Times: U.S. Gas Prices Hit Highest Level Since Beginning of War in Iran
- Politico: ‘There’s a day of reckoning coming’: Energy experts expect another spike at the pump
- The Wall Street Journal: The U.S. Gas Price Has Surpassed $4 a Gallon. See How Fast It’s Rising.
- The Washington Examiner: Gas prices: New 2026 high set nine days after energy secretary said prices ‘likely peaked’
- CBS News: U.S. gas prices up 35% since beginning of war with Iran
Crude Oil
- The Wall Street Journal: Crude Futures Rise As Supply Disruption Persists
- CNBC: U.S. crude oil tops $100 on report Trump dissatisfied with Iran’s proposal to open Hormuz
- Financial Times: Oil price climbs above $110 for first time in three weeks
- The New York Times: Oil Prices Jump Again as U.S.-Iran Talks Appear Deadlocked
Jet Fuel
- The New York Times: Budget Airlines Ask Trump Administration for Billions as Fuel Costs Rise
- The Daily Beast: Cheap Airlines Want a Fortune From Trump to Stay in the Air
- Business Insider: Airfare data shows how ticket prices may jump if Spirit collapses
- Sherwood News: The 6 biggest US airlines spent $1.2 billion more on fuel in Q1, and things are about to get worse
- Reuters: JetBlue plans capacity cuts, fare hikes as high fuel costs widen quarterly loss
- Bloomberg: JetBlue First-Quarter Loss Widens; Company to Deepen Cost Cuts
- CNN: Airlines looking for fare increases to stick, even when jet fuel costs fall
Diesel
- The New York Times: Why Diesel Has Become a Much Bigger Economic Problem Than Gasoline
- NPR: The rising cost of fertilizer and fuel prices is pushing some farmers to the brink
- AgUpdate: Rising diesel prices top off higher crop production costs
- Farm Progress: Fertilizer and diesel costs rise most for Southern farmers
In the States
- AZ: AZ Big Media: Arizona ranks No. 1 for higher gas prices
- CA: ABC10: Gas prices climb across California, nearing highs since Iran conflict began
- CO: CBS News: Average gas prices across Colorado top $4/gallon
- CT: CT Insider: Connecticut gas prices rise again as average hits $4.21 a gallon
- FL: Naples Daily News: Florida gas prices jump 14 cents overnight, top $4 a gallon
- GA: The Business Journals: High gas prices could impact metro Atlanta homebuying decisions, economist says
- IA: We Are Iowa: Gas, food and travel prices remain elevated amid Iran war
- MI: Detroit Free Press: Michigan gas prices surge and are expected to go up more this week
- NC: The News & Observer: How ‘ridiculous’ gas and diesel prices are affecting NC farmers
- NJ: CBS: Gas prices up 15 cents overnight in Philadelphia area, prices top $4 in Pennsylvania, New Jersey, Delaware
- NV: Las Vegas Review-Journal: Nevadans close to breaking point with gas prices
- OH: Spectrum News: Ohio gas prices continue to increase amid U.S.-Iran situation
- PA: 6ABC Philadelphia: Philadelphia gas prices see big jump overnight amid continued conflict in Strait of Hormuz
- WI: Green Bay Press-Gazette: Average price of gas in Green Bay area nears $4, up 55% since Iran war
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