{"id":6489,"date":"2026-05-06T11:35:20","date_gmt":"2026-05-06T11:35:20","guid":{"rendered":"https:\/\/pronews.in\/index.php\/2026\/05\/06\/us-petrol-prices-50-percent-higher-than-before-war-on-iran\/"},"modified":"2026-05-06T11:35:20","modified_gmt":"2026-05-06T11:35:20","slug":"us-petrol-prices-50-percent-higher-than-before-war-on-iran","status":"publish","type":"post","link":"https:\/\/pronews.in\/index.php\/2026\/05\/06\/us-petrol-prices-50-percent-higher-than-before-war-on-iran\/","title":{"rendered":"US petrol prices 50 percent higher than before war on Iran"},"content":{"rendered":"<div>\n<p><em>The average price of petrol in the United States has reached $4.48 per gallon, according to AAA.<\/em><\/p>\n<\/div>\n<div aria-live=\"polite\" aria-atomic=\"true\">\n<p>The price of a gallon of regular petrol climbed 31 cents in the past week, spiking to an average of $4.48 per gallon, according to the American Automobile Association, rising 50 percent since the US-Israel war on Iran began.<\/p>\n<p>AAA\u2019s website listed the price at that rate as of Wednesday, despite US President Donald Trump earlier pausing the military\u2019s \u201cProject Freedom\u201d operation to open the Strait of Hormuz.<\/p>\n<section>\n<h2>Recommended Stories <\/h2>\n<p><span>list of 4 items<\/span><\/p>\n<ul>\n<li><span>list 1 of 4<\/span><a href=\"http:\/\/www.aljazeera.com\/news\/2026\/5\/5\/us-iran-uae-trade-hormuz-attack-claims-what-we-know\">US, Iran, UAE trade Hormuz attack claims: What we know<\/a><\/li>\n<li><span>list 2 of 4<\/span><a href=\"http:\/\/www.aljazeera.com\/news\/2026\/5\/3\/strait-of-hormuz-blockade-and-other-major-naval-sieges-in-modern-times\">Strait of Hormuz blockade and other major naval sieges in modern times<\/a><\/li>\n<li><span>list 3 of 4<\/span><a href=\"http:\/\/www.aljazeera.com\/economy\/2026\/5\/4\/oil-prices-flat-as-trumps-plan-for-strait-of-hormuz-fails-to-move-markets\">Oil prices flat as Trump\u2019s plan for Strait of Hormuz fails to calm market<\/a><\/li>\n<li><span>list 4 of 4<\/span><a href=\"http:\/\/www.aljazeera.com\/economy\/2026\/5\/5\/oil-prices-surge-as-violence-flares-in-strait-of-hormuz\">Oil prices surge as violence flares in Strait of Hormuz<\/a><\/li>\n<\/ul>\n<p><span>end of list<\/span><\/section>\n<p>The global energy crisis caused by the <a href=\"http:\/\/www.aljazeera.com\/news\/liveblog\/2026\/5\/6\/iran-war-live-trump-says-hormuz-operation-paused-amid-us-tehran-talks\">US-Israel war on Iran<\/a> has sent the price of crude oil soaring. Crude oil is the main ingredient in petrol. The Strait of Hormuz, the narrow passage of the Gulf through which a fifth of the world\u2019s crude oil normally passes, has been blocked, with oil tankers stranded and unable to deliver the crude.<\/p>\n<p>Many US drivers were hopeful in mid-April when the ceasefire was announced, amid signs that the conflict could be winding down, and petrol prices fell daily for almost two weeks. But as the war continued, petrol prices reversed course and began increasing again.<\/p>\n<p>\u201cThere\u2019s a fundamental shortfall that will exist globally, or fundamental struggle to meet that demand that will drive up price,\u201d Rob Smith, director of global fuel retail at S&#038;P Global Energy, told The Associated Press news agency.<\/p>\n<p>\u201cNo matter what a government says or what any market person thinks, there is a true kind of upward pressure that\u2019s being exerted on prices every day the Strait of Hormuz is constrained.\u201d<\/p>\n<p>The spike in energy prices has been spurring inflation and economic uncertainty, adding to Trump\u2019s political woes. The US president\u2019s approval rating is hitting record lows amid growing discontent with the war on Iran, recent public opinion polls suggest.<\/p>\n<p>Since the start of the war, Trump and his allies have been trying to frame the hike in petrol prices as a temporary price worth paying to achieve the aims of the military campaign.<\/p>\n<p>However, oil prices do not drop automatically after hostilities stop. Despite the ceasefire reached on April 8, the cost of gas in the US has <a href=\"http:\/\/www.aljazeera.com\/news\/2026\/4\/30\/us-gas-reaches-4-30-per-gallon-trump-says-prices-will-drop-after-iran-war\">continued to climb<\/a>.<\/p>\n<p>The longer the flow of oil is constrained through the Strait of Hormuz, the higher prices will go, and the longer it will take to get back to normal, Smith said.<\/p>\n<p>\u201cThere will still be within the industry a risk premium associated with going through that region \u2026 The past few months have shown that it\u2019ll be hard to convince shippers and insurance companies that the risk level will be similar to what it was in February [before the war].\u201d<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The average price of petrol in the United States has reached $4.48 per gallon, according to AAA. The price of a gallon of regular petrol climbed 31 cents in the past week, spiking to an average of $4.48 per gallon, according to the American Automobile Association, rising 50 percent since the US-Israel war on Iran &#8230; <a title=\"US petrol prices 50 percent higher than before war on Iran\" class=\"read-more\" href=\"https:\/\/pronews.in\/index.php\/2026\/05\/06\/us-petrol-prices-50-percent-higher-than-before-war-on-iran\/\" aria-label=\"Read more about US petrol prices 50 percent higher than before war on Iran\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":6490,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-6489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-travel"],"_links":{"self":[{"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/posts\/6489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/comments?post=6489"}],"version-history":[{"count":0,"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/posts\/6489\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/media\/6490"}],"wp:attachment":[{"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/media?parent=6489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/categories?post=6489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/tags?post=6489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}