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“Two-thirds of Americans said the soaring gas prices triggered by Trump’s Iran war were either a “very serious” or a “somewhat serious” problem.”

“The Federal Reserve is expected to stand pat on interest rates on Wednesday (October 28, 2026) even though inflation has accelerated in the past couple of months as the Iran war has caused spikes in oil and gas prices.”

“Since the start of the US-Israeli led invasion of Iran at the end of February, which has throttled energy flows in the region, oil prices have risen from about $70 a barrel to more than $115, while gas prices have almost tripled.”

“Fuel costs for the company have risen over 300 per cent since the start of the US-Israel war on Iran, Villa Vie Residences said, making the “current operating model extremely challenging”.”

“Looking at the consumer price index metrics for gasoline, gas prices have risen 39% since Trump began his second term, with much of that increase coming this year as a result of the war with Iran.”

“Overall price increases have largely driven by the US-Israel war with Iran, which has caused energy prices to soar.”

“The figures will likely underscore the lingering impact of the Iran war on gas prices and the stubborn persistence of inflation, which has fallen sharply from a 9.1% peak in 2022 but has ticked higher since the war began in late February.”

“Before the US-Israel war on Iran began on February 28, the Strait of Hormuz typically handled about 125 large commercial vessels a day and shipments through it accounted for about 20 percent of global crude and liquefied natural gas supplies.”

“In the last week of September, the seven-day average climbed above the roughly 18 million bpd recorded before the US-Israel war on Iran began in February – the first time since the conflict started.”

“The Iran war has sent oil and gasoline prices sharply higher, too.”

“The Iran war has sent oil and gasoline prices sharply higher, too.”

“US diesel prices hit a record $6.53 a gallon this month, more than 70 percent higher than the price before the US waged its war on Iran.”

“With mines cleared and confirmed Iranian attacks on shipping down to zero, oil through Strait this month hit its highest level (7.3 million barrels a day) since the war began.”

“…e Strait of Hormuz – normally the primary route for oil leaving the Middle East – hovering below 15% of prewar levels, oil prices have increased from US$65 a barrel before the conflict in Iran began in February 2026 to more than $100 a barrel in…”

“…e Strait of Hormuz – normally the primary route for oil leaving the Middle East – hovering below 15% of prewar levels, oil prices have increased from US$65 a barrel before the conflict in Iran began in February 2026 to more than $100 a barrel in…”

“Oil prices spiked on Thursday after a bombshell report revealed Donald Trump and Israel have drawn up plans to unleash new attacks on Iran once the midterm elections are over An oil tanker burns after being hit by an Iranian strike in the ship-to-ship…”

“That will add to the costs headache facing firms already being pummelled by the impact of Donald Trump’s Iran war, which has resulted in surging oil and gas prices.”

“NEW YORK (AP) — More than seven months into the U.S. war with Iran, sharply higher fuel prices are making it more expensive to drive and fly and adding to the cost of some goods, prolonging the strain on American households as the midterm elections approach.”

““This deal won’t lower costs for the American people, who are already paying for Trump’s failed war of choice in Iran.”

“In February, Trump launched the war against Iran, causing one of the worst energy supply shocks in history.”

“Energy prices have been especially high since the Iran war, with average gas prices at the pump crossing $1.20 more per gallon compared with a year ago.”

“The price of regular gas, which most consumers buy, also remains elevated by more than 45% since late February, when the Iran war was launched.”

“Already, the average nationwide price of diesel is up 70% since the U.S. and Israel attacked Iran on Feb. 28.”

“Prices have been swinging between $US96 and nearly $US110 over the last month over uncertainty about the US war with Iran and its continued impact on global energy supplies and inflation.”

“At the same time, restrictions on food stamps from the Republicans’ “big, beautiful bill” have driven up demand, while rising gas prices because of the Iran war have cut into the budgets of households and food banks alike.”

“High diesel gas prices continue to hamper the nation on Thursday despite President Donald Trump’s recent executive order to suspend “diesel fuel tax payment obligations” to help mitigate the expensive current costs for diesel fuel.”

“Gas prices, and especially diesel, have skyrocketed ever since the war with Iran began in February, as well as the war between Russia and Ukraine, which has been ongoing since 2022.”

“But polling shows Democrats with a significant advantage going into next month’s midterm elections, largely due to dissatisfaction over the war in Iran, which has caused gas prices to spike.”

“They produce diesel and jet fuel, which have been in short supply since the start of the Iran war, which has driven up prices and given Trump an incentive to support a deal that could provide more access to energy.”

“Americans’ view of the economy sinks to lowest level since 2014 Americans’ confidence in the economy sank to the lowest level in more than a decade this month as prices remain elevated and wages stagnate amid the ongoing Iran war.”

“It's gotten so bad, Republican members of Congress have been lobbying President Trump to ban diesel exports in hopes of lowering prices.”

“Markets have been jittery since the start earlier this year of Donald Trump’s Iran war, which has pushed up oil and gas prices, stoking inflation fears and fuelling worries over government debt.”

“On Thursday, the average regular gas price in the U.S. remained 47% higher than it was in late February when the Iran war began.”

“Data from Edmunds shows hybrid sales jumped up in March, shortly after the U.S. began its war in Iran — a geopolitical shift that was not on analysts' radars when they made their forecasts for 2026.”

“But the policies have been dwarfed by the impact of Donald Trump's Iran war, which has choked off oil and gas supplies from the Middle East, driving up prices and feeding global inflation.”

“But those hopes appeared to weaken as traders pushed prices higher to $US106 ($151) a barrel on Monday following reports that Iran is refusing to budge on certain conditions it is seeking before agreeing to reopen the Strait of Hormuz, a critical oil and gas…”

“Diesel prices have hit record highs as the tensions between the United States and Iran, along with the war between Russia and Ukraine, disrupt key oil and fuel trade routes.”

“With the White House’s on-again, off-again Iran negotiations dragging into their seventh month, JPMorgan’s commodities team has abandoned its “baseline view” on oil prices, the benchmark targets that weigh various factors that influence oil markets.”

“Spain’s government also extended gasoline and diesel tax cuts it introduced in March as part of a 5 billion-euro ($5.7 billion) package to counter the effects of the Iran war on local energy prices.”

“…s clear why bond yields change when they do, but the spikes since Wednesday align with the news that the Trump administration is considering a 90-day ban on U.S. exports of diesel fuel in order to tamp down inflation and U.S. gas prices ahead of the mid-term…”