Gas prices across the United States are rising sharply as the war between the U.S. and Iran continues, pushing oil prices above $100 per barrel for the first time since the Russian invasion of Ukraine in 2022.
The national average price for gasoline reached $3.47 per gallon Monday, nearly 50 cents higher than last week, according to AAA. Analysts warn prices could soon exceed $4 per gallon in several states.
Despite the surge, Donald Trump described the price jump as “a little glitch,” saying the economic impact is temporary and tied to the military campaign against Tehran.
“I think it’s fine. It’s a little glitch. We had to take this detour,” Trump said in an interview with Mary Bruce of ABC News.
Political Pressure Builds
Rising fuel costs come as inflation and the cost of living remain key issues ahead of the 2026 midterm elections. A recent poll by NBC News found only 36% of voters approve of Trump’s handling of inflation, while 62% disapprove.
Democrats are criticizing the administration’s response to rising energy prices.
Chuck Schumer, Senate Minority Leader, urged Trump to release oil from the Strategic Petroleum Reserve to ease pressure on consumers.
House Minority Leader Hakeem Jeffries also blamed the conflict for increasing costs at the pump.
Analysts Warn Prices Could Rise Further
Energy analysts say the conflict is disrupting global oil markets, especially shipments through the Strait of Hormuz, a critical route for global oil supply.
Patrick De Haan, a petroleum analyst at GasBuddy, said drivers are experiencing “sticker shock” as fuel prices continue climbing.
He warned gasoline could rise another 15 to 35 cents per gallon in the coming days, while diesel prices could approach $5 per gallon nationwide.
Uncertain Timeline for Energy Relief
Trump has not confirmed whether he will tap the Strategic Petroleum Reserve, criticizing former President Joe Biden for using it during the Ukraine conflict.
Analysts say the longer the war continues, the longer it may take for oil markets—and gas prices—to stabilize.
For more on the U.S.-Iran conflict and its effects under the second Trump administration, stay tuned to Que Onda Magazine.