US Gasoline Prices Jumps to $3.58 Per Gallon Nationwide in US
Edited By WION Video Desk
Published: Mar 12, 2026, 15:45 IST | Updated: Mar 12, 2026, 15:45 IST
The national average retail price of gasoline crossed $3.58 a gallon this week to hit its highest since May 2024, data from price tracking services AAA and GasBuddy showed, as the Israel-U.S. war with Iran stokes supply concerns.
Disruptions to Middle Eastern oil exports through the Strait of Hormuz have caused a surge in fuel prices across the globe that is threatening to pinch consumers' wallets and derail global economic activity.
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