ECONOMY

Southeast gas prices rise amid international tensions, reports

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CHARLESTON, S.C. — GasBuddy reported Monday that South Carolina's average price for regular gasoline rose 14.9 cents over the past week to $3.55 per gallon, while the national average increased 10.3 cents to $3.82, ending an eight-week streak of declines. AAA reported this week that Florida's state average also climbed after recent crude-price movement tied to geopolitical events. This week, outlets cited more than 3,000 GasBuddy station surveys showing statewide price ranges from $3.15 to $4.69 and noted year-over-year increases of roughly 78.8 cents in South Carolina and 86 cents in Florida. News reports on Sunday and Monday attributed the near-term volatility to increased crude trading after U.S.-Iran tensions and Strait of Hormuz concerns, with officials and market monitors warning of potential continued fluctuation.

Prepared by Christopher Adams and reviewed by editorial team.

Timeline of Events

July 13, 2025: South Carolina average recorded at $2.76 per gallon (one-year baseline).
Prior weeks in 2026: National gasoline averages declined for eight consecutive weeks.
This past weekend: U.S.-Iran tensions escalated, raising concerns about the Strait of Hormuz.
Sunday/Monday: AAA and GasBuddy reported state and national gasoline averages rose this week.
This week: South Carolina up 14.9 cents to $3.55; national average up 10.3 cents to $3.82; Florida averages reported at $3.82.

Why This Matters to You

Gas prices are on the rise in the Southeast. This means you'll be paying more at the pump. The increase is due to international tensions affecting crude oil prices. Keep an eye on the news.

The Bottom Line

Your wallet might feel this pinch. If you're in South Carolina or Florida, you're already seeing it. Consider carpooling or using public transport to save some cash. Worth forwarding if you know someone feeling the gas price hike.