U.S. Gas Prices Rise Amid Iran Sanctions, Storms
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United States. National gasoline averages rose about 7.5 cents this week to roughly $2.84 per gallon, GasBuddy data show, while diesel rose about 7.8 cents to $3.543 per gallon. Local markets varied: Peoria fell two cents to $2.83, Green Bay climbed 10.7 cents to $2.56, Michigan fell ten cents to $2.86, Arkansas dipped 0.7 cents to $2.40, and Natrona and Campbell counties recorded larger spikes. GasBuddy analysts attributed the national rise to crude oil topping $60 per barrel, new sanctions on Iran reducing supply, and recent winter-storm refinery disruptions. Based on 6 articles reviewed and supporting research and analysis today.
More context
Timeline
- 1. New sanctions on Iranian oil tightened international supply.
- 2. A major winter storm impacted refinery operations and output.
- 3. Crude oil prices climbed back above $60 per barrel.
- 4. GasBuddy compiled weekly price data showing national gasoline and diesel increases.
- 5. Local outlets reported divergent regional pump-price changes across multiple U.S. markets.
Sources
JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.
