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You are at:Home»Business»Gas prices soar to highest point so far during unsettled conflict with Iran
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Gas prices soar to highest point so far during unsettled conflict with Iran

Buddy DoyleBy Buddy DoyleApril 29, 2026No Comments2 Mins Read
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Gas prices soar to highest point so far during unsettled conflict with Iran
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The AAA national average price for regular gas has soared to $4.229 as of Wednesday, the highest notched so far during the ongoing tensions between the U.S. and Iran.

While that number is more than a dollar higher than the AAA national average of just $3.161 a year ago, it is still significantly lower than the highest recorded AAA national average of $5.016 set in June 2022 during President Joe Biden’s White House tenure.

White House spokeswoman Taylor Rogers told Fox News Digital in a statement, “The President brought oil and gas prices down to multi-year lows at record speed, and as traffic in the Strait of Hormuz normalizes, these energy prices will plummet once again. President Trump has always been clear that these are short-term, temporary disruptions.”

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A White House official informed Fox News Digital that Trump met with several oil executives on Tuesday “where they discussed how the US is doing better than others, and the President is doing all the right things right now – Jones Act, DPA [Defense Production Act], etc.”

Early on Wednesday morning, the president warned in a Truth Social post, “Iran can’t get their act together. They don’t know how to sign a nonnuclear deal. They better get smart soon!”

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Gas pump

His post included a graphic that depicted him wearing sunglasses while holding a gun as explosions go off behind him. “NO MORE MR. NICE GUY!” text blares atop the meme.

The U.S. military has been enforcing a blockade against Iranian ports for more than two weeks.

“The blockade is somewhat more effective than the bombing. They are choking like a stuffed pig. And it is going to be worse for them. They can’t have a nuclear weapon,” Trump reportedly told Axios in an interview published Wednesday.

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President Trump

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“They want to settle. They don’t want me to keep the blockade. I don’t want to [lift the blockade], because I don’t want them to have a nuclear weapon,” he reportedly said.

Read the full article here

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