Gas prices expected to increase amid conflict in Middle East

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Tuesday, March 3, 2026 12:25AM

Gas prices expected to summation   amid struggle  successful  Middle East

FRENSO, Calif. (KFSN) -- Gas prices crossed the state person accrued successful the past week and are expected to ascent adjacent much aft the caller associated U.S. and Israeli strikes connected Iran.

"We are predicting a 10-30 cent per gallon summation connected gasoline prices starting arsenic aboriginal arsenic contiguous but nary aboriginal than Wednesday," GasBuddy Petroleum Analyst, Matt McClain explained.

Tensions successful the Middle East person historically played a relation successful the terms of state present successful the U.S. arsenic the portion ships astir 20% of the world's lipid done the Strait of Hormuz.

"At this point, what it looks similar is that determination are a batch of tankers that person dropped anchor connected either extremity of the Strait of Hormuz and simply not getting lipid through," McClain stated.

RELATED: Live updates connected Iran War

GasBuddy experts accidental that clasp up is driving volatility successful state prices.

According to it's website, the nationalist mean terms per gallon is $2.94, up astir 5 cents from past week.

Wholesalers successful the cardinal valley, similar Scott Cain, are feeling the pressure.

"If I'm seeing 30-40 cent terms fluctuations successful a day, that's yet what the lawsuit is going to spot arsenic well," West Hills Oil president Scott Cain said.

GasBuddy's unrecorded state terms tracker showing changing prices passim the time Monday, but arsenic of the afternoon, it revealed Californians wage the highest mean terms per gallon astatine $4.60 and Fresno County customers wage an mean of $4.49 a gallon...that's up 10 cents from the time before.

"It's a large interaction successful my pouch and everyone else's pocket," commuter Rafael said.

He commutes from Bakersfield, filling up successful southeast Fresno, wherever a gallon of state costs $4.31.

"I inactive person to enactment it's truly expensive, but I inactive request to determination astir and enactment gas," Rafael added.

With uncertainty astir the struggle successful the Middle East, experts judge state prices volition stay volatile successful the coming days to weeks.

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