{"success":true,"data":{"id":"32b3af77-f8f3-41b1-8a1b-a38774507887","title":"Gas prices start climbing again as U.S.-Iran tensions flare","summary":"Latest U.S. Iran War World Cup World Politics Entertainment HealthWatch MoneyWatch Crime Space Sports Brand Studio The Free Press Local News Atlanta Baltimore Bay Area Boston Chicago Colorado Detroit Los Angeles Miami Minnesota New York Philadelphia Pittsburgh Sacramento Texas Live CBS News 24/7 Bal...","content":"[[Video 1](https://www.cbsnews.com/news/gas-prices-rise-us-iran-war/)](https://www.cbsnews.com/live/ \"Watch CBS News\")\n\n# Gas prices climbing again as U.S.-Iran tensions flare\n\n By \n\nAlain Sherter\n\n Alain Sherter is a senior managing editor with CBS News. He covers business, economics, money and workplace issues for CBS MoneyWatch. \n\nFuel prices are headed back up amid [renewed military clashes](https://www.cbsnews.com/live-updates/us-iran-war-trump-ceasefire-talks-strait-of-hormuz/)between the U.S. and Iran.\n\nThe national price of gasoline rose on Friday to $3.88 a gallon, up from $3.84 a week ago, according to AAA. In recent weeks, prices at the pump fell to as low as $3.80 on July 5, down from more than $4.50 in May, after Washington, D.C., and Tehran [signed a temporary ceasefire](https://www.cbsnews.com/news/how-trump-iran-nuclear-deal-memorandum-of-understanding-compares-to-obama-nuclear-deal-jcpoa/) last month.\n\nRegular gas averaged $2.98 a gallon just before the Iran war started in late February. \"Gas prices are going up again, as the future of the ceasefire between the U.S. and Iran remains uncertain,\" the auto group said in a[report](https://gasprices.aaa.com/gas-prices-reverse-course-and-start-rising-again/).\n\nThe latest spasm of violence in the Middle East is reviving concerns that a prolonged conflict could disrupt trade through the Strait of Hormuz, the Persian Gulf waterway that handles roughly 20% of global energy flows. President Trump reiterated his stance on Friday that the ceasefire with Iran was \"over\" after less than three weeks, while noting that the U.S. would continue negotiating.\n\nThe number of ships traversing the strait on Thursday fell to 34, the lowest daily level since June 28, when [Iran launched drone attacks](https://www.cbsnews.com/live-updates/us-iran-war-israel-hezbollah-strait-of-hormuz-peace-deal-talks/) in the region following U.S. airstrikes on the Islamic Republic, according to S&P Global MINT and S&P Global Commodities at Sea.\n\n\"Iran-linked and sanctioned traffic remained elevated, accounting for roughly one-third of total crossings,\" the financial research firm said of the ships navigating the strait on July 9.\n\nThe price of oil accounts for [51% of the cost](https://www.cbsnews.com/news/iran-war-gas-prices-gallon-crude-oil-chart/)of a gallon of gas, making it the biggest factor affecting fuel prices, according to the Energy Information Administration. The cost of refining crude into gas, jet fuel, heating oil and other energy products accounts for roughly 20% of gas prices; other factors include marketing and distribution expenses, as well as local and federal taxes.\n\n[Video 2](blob:https://www.cbsnews.com/5c190294-927d-48d0-9a71-93f58ee69095)1/1 Skip Ad Continue watching after the ad![Image 2: Loading Pods](https://www.cbsnews.com/news/gas-prices-rise-us-iran-war/)Visit Advertiser website[GO TO PAGE](https://www.cbsnews.com/news/gas-prices-rise-us-iran-war/#)\n\nOther geopolitical events are also constraining the world's crude and gas supplies. Attacks by Ukraine on[Russian oil refineries](https://www.cbsnews.com/news/american-made-technology-guiding-ukraines-strikes-into-russia/) and other facilities are taking a toll, according to Patrick De Haan, a petroleum expert at GasBuddy, which tracks U.S. gas prices.\n\n\"Every refinery knocked offline in Russia removes refined products like gasoline and diesel from the global market, even if crude oil itself keeps flowing,\" he said in a report.\n\n\"Moscow's response made a tight global market even tighter,\" De Haan added. \"Russia has now banned diesel exports outright, layered on top of existing restrictions on gasoline and jet fuel exports, in an attempt to keep fuel inside the country.\"\n\nDe Haan also noted that the seasonal pickup in driving, when fuel demand typically jumps during the summer, pushes up gas prices. Meanwhile, environmental rules require refineries to produce summer-blend gas to reduce heat-related evaporation — a shift that can cost between 10 and 25 cents per gallon, he said.\n\nEdited by [Aimee Picchi](https://www.cbsnews.com/team/aimee-picchi/)","source_name":"CBS News","source_url":"https://www.cbsnews.com/news/gas-prices-rise-us-iran-war/","url":"https://www.cbsnews.com/news/gas-prices-rise-us-iran-war/","author":"Unknown Author","author_name":"Unknown Author","published_at":"2026-07-10T17:30:52.000Z","publication_date":"2026-07-10T17:30:52.000Z","image_url":"https://www.cbsnews.com/news/gas-prices-rise-us-iran-war/","category":"world","topic":"world","tags":[],"political_bias":null,"bias_score":null,"confidence_score":null,"credibility_score":null,"factual_quality":null,"reading_time":3,"word_count":525,"view_count":0,"breaking":false,"breaking_news":false,"ai_analysis":null,"fact_check_status":"unverified","archive_status":"hot"}}