Americans are paying an average of $4.51 per gallon for gasoline on Sunday, May 25, 2026, making this Memorial Day weekend the most expensive at the pump in four years, according to AAA. Prices are being driven by the ongoing U.S.-Israel war with Iran and the near-total closure of the Strait of Hormuz since February 28, which has disrupted 10 to 11 million barrels per day of crude oil flows. Brent crude slipped below $100 and WTI neared $91 on Memorial Day amid tentative peace talk optimism, but experts warn that even if a deal is reached, pump prices may take months to normalize.
Prepared by Christopher Adams and reviewed by editorial team.
This spike in gas prices hits your wallet hard. It's not just about filling up your car. Higher fuel costs can drive up prices for goods and services across the board. Keep an eye on your budget and consider ways to conserve fuel, like carpooling or using public transit.
Despite hopeful signs of peace talks, don't expect gas prices to drop overnight. Experts warn it may take months for things to normalize. Worth forwarding if you know someone feeling the pinch at the pump.
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