Iran’s Attack on Israel Affects Gas Prices

(Undated) – The national average for a gallon of regular unleaded saw a recent uptick. According to GasBuddy Head of Petroleum Analysis, Patrick De Haan, the national average price of gasoline has returned to a slight climb over the last week as Iran’s attack on Israel has slowly funneled to the gas pump, as expected. He also says that now, while Milton has left a third of all stations in Florida without gas, the storm itself is not impacting prices. De Haan says with oil prices recently starting to fall again, the rise we saw could end before you know it and with restoration happening in Florida, we could start to see a decline in gas prices in the weeks ahead. He says there is still a good chance of seeing the first “sub-$3” per gallon national average since 2021.