Unlike most websites we will bring you everything from the situation in Iran.
Gas prices jumped by 10 cents over the past 24 hours.
Gasoline prices at the pump jumped on Tuesday in reaction to surging oil prices amid a widening Middle East war.
Over the past 24 hours, the national average at the pump rose by $0.10 to nearly $3.11 per gallon, according to AAA data.
And drivers can expect even higher increases in the coming days as a jump in oil prices following the outbreak of conflict in the Middle East filters through to retail gas stations.
“It’s going to be very quickly,” Patrick De Haan, head of petroleum analysis for GasBuddy, told Yahoo Finance on Monday.
This is the part the Trump administration needs to find solutions for. Gas prices are a key to drive down inflation. Rising gas prices will be a negative for the economy overall.
It is unclear how much of a rise we will see.
