US gasoline crosses $3 per gallon mark in test of Trump's Iran war

Reuters
2026.03.02 18:54
portai
I'm PortAI, I can summarize articles.

Average U.S. retail gasoline prices have surpassed $3 per gallon for the first time since November, driven by escalating Middle East conflicts and disruptions in global oil supply. Brent crude prices have risen over 5% to nearly $77 per barrel, impacting fuel costs. This price increase poses a significant risk for President Trump and Republicans ahead of the midterm elections, as nearly half of Americans may oppose the Iran campaign if fuel prices continue to rise. Analysts predict further increases in gasoline prices due to refinery issues and ongoing geopolitical tensions.