Gas Prices Soar Amid U.S.-Iran Conflict

0:00In Birmingham, it's March 10th, here's what is happening. Americans are seeing gas prices climb fast amid the U.S. and Israeli conflict with Iran. As a March 10th, the national average for regular gas shot up 43 cents in a week to $3.54 per gallon. According to Triple A, diesel prices hit $4.78.2. Utah faced the sharpest overnight jump, with regular gas rising 22 cents to $3.40. Nine other states posted double-digit increases, including Idaho, Wyoming, Florida, and California. There, prices spiked over the week to $5.29 per gallon. Oil markets have swung wildly this week. Brent Crude, a key global benchmark, surged to nearly $120 a barrel early Monday before dropping below $90 by Tuesday. Prices had been trending up for months, even before the latest tensions. Disruptions from major Middle East producers like Saudi Arabia, the United Arab Emirates, Iraq, and Kuwait are fueling the chaos.

1:08Nearly one-fifth of worldwide crude oil and natural gas supply is offline now. Shipping through the Strait of Hormuz remains risky and unpredictable. The Trump administration calls the price surge temporary. Officials expect lower costs once the threat ends, and they've warned Iran against blocking key oil routes. They're even weighing e-sanctions on Russia to tap emergency crude supplies and steady the market. Quick thanks to today's sponsor. See the description for more. When you want calm, do not reach for your phone. Lay back and listen. S-O-L-I-SOLY-PILLOW.COM