Florida Gas Prices Face Uncertainty Amid Iran Tensions

0:00On March 2nd, here's the latest out of Tampa Bay. Florida gas prices are facing some uncertainty right now after US crude oil jumped to $71 per barrel. That's the highest level since June 2025, sparked by recent US and Israeli military actions in Iran. Even though the US doesn't buy oil directly from Iran, the country supplies a lot to places like China and India. Any disruptions there, especially through the key state of Hormuz shipping lane can shake up global supplies and push prices higher everywhere. Triple A says Florida's average sits at $2.88 per gallon as of Monday morning. That's lower than the national average of $2.98, and about $0.20 cheaper than this time last year. Experts know it's still early to predict pump prices, but rising crude usually means higher gas costs. Plus, refineries are switching to summer blend fuel, and spring break travel is boosting demand this time of year. In the Tampa Bay area, prices range from $2.84 to $2.89 per gallon across counties.

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