On February 28th, 2026, President Trump has declared an air strike on Iran for the intention of destroying any nuclear weapons resources Iran may have. In result, starting an ongoing conflict (“war”) between the United States and Iran. A war that no one expected to happen at all, resulting in the death of Iran’s supreme leader, Ali Khamenei. But how did this still affect the citizens of the U.S.? Gas prices.
Gas prices skyrocketed 21.2% after and during the declaration of war.
With the war going on, it immediately stopped global oil supply through the Strait of Hormuz. Resulting with Saudi Arabia, Qatar and the United Arab Emirates to halt on oil shipments. Leaving the U.S. and Isreal with no vessels for shipment. Not only is it causing a huge shortage of oil but also the rise of global oil cost. If those prices go up, then most definitely the gas prices go up country wide.
Before the airstrike was declared by President Trump the average gas prices in Houston were sitting around $2.49 for regular and $3.40 for diesel. About a month or so later the prices have increased around a dollar more, and it continues to increase.
On April 7th, 2026, a ceasefire was announced by President Trump that would last for two weeks. A part of that announcement was the reopening of the Strait of Hormuz that Iran agreed to. With the reopening of the Strait and unknown negotiation between the U.S. and Iran during the ceasefire, there is a possibility of gas prices decreasing. It won’t go down right away, but it will slowly decrease. It will all depend on if the ceasefire holds or comes to a mutual agreement between both countries.






























