ECONOMY

AAA: Regional Gas Prices Rise After Middle East Attacks

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Little Rock, Arkansas — AAA reported on Thursday that state and regional gasoline prices rose this week amid renewed Middle East tensions, with Arkansas averaging $3.47 per gallon, Missouri $3.50, and Texas $3.41; the releases noted weekly increases of 3 to 7 cents and year-over-year jumps near 61 to 67 cents. Across metropolitan areas this week, Fayetteville-Springdale-Rogers recorded $3.49 in Arkansas, Cape Girardeau $3.58 in Missouri, and El Paso $3.91 in Texas; AAA and market reports tied the moves to oil trading near $73–78 per barrel after attacks, leading to immediate higher pump costs and continued monitoring by analysts and AAA officials.

Prepared by Christopher Adams and reviewed by editorial team.

Timeline of Events

Renewed attacks and strikes occurred in the Middle East and incidents affected shipping through the Strait of Hormuz.
Global oil prices rose into the mid-$70s per barrel amid increased geopolitical risk.
AAA compiled and released state gasoline averages this week, showing weekly and year-over-year increases.
Local outlets reported AAA data for Arkansas, Missouri and Texas, noting metropolitan variations and price leaders/laggards.
Market participants and consumers continued to monitor prices for further movement as tensions persisted.

Why This Matters to You

Your wallet is feeling the pinch. Gas prices are up due to Middle East tensions. If you're in Arkansas, Missouri, or Texas, you're seeing a 3 to 7 cent increase this week alone. Check your local AAA data for specifics.

The Bottom Line

The geopolitical landscape affects us at the pump. With oil prices in the mid-$70s per barrel, expect to pay more for gas. Keep an eye on the news for updates on Middle East tensions. Worth forwarding if you know someone who's planning a road trip soon.