Category ICE

Iran's Strait blockade has already pushed gas prices up 38% since February, with no relief expected until early 2027.

Oil prices surge past $90 per barrel, forcing American families to choose between driving and saving as gas stations raise prices daily.

Pump prices dropped 30 cents off the May peak, but federal forecasts and analyst warnings suggest the slide could reverse before July 4.

Pump prices are 43% higher than last year, with a 54% spike since February driven by geopolitical supply fears.

The national average gas price has fallen to $4.12 per gallon after spiking to $4.55 in May, though California drivers pay nearly double the Midwest average.

Gas prices are trending downward but regional costs still vary by $2.46 per gallon, depending on where you fill up for weekend drives.

The Strait of Hormuz blockade triggered a 43.6% gas price surge in May 2026, devastating household budgets and forcing millions to cut driving.

Iran conflict pushes gas prices up 55 percent from pre-war baseline while Strait of Hormuz remains a critical chokepoint for global oil supplies.

May 2026 saw gas prices spike to $4.56 per gallon, but the trajectory shifted by month's end as geopolitical tensions over the Strait of Hormuz fueled the surge.