The national average price of regular gasoline is up 10 cents from last week, and one dollar since last month, amid high oil prices following the Iran conflict, according to a March 26 report from AAA Fuel Prices.
As of March 26, the price was $3.981, up from $2.983 on Feb. 26, an increase of about 33 percent. A year back, the price was $3.150.
“The national average could reach $4/gallon in the coming days for the first time since August 2022,” the report said. “Gasoline demand is also on the rise as spring break season continues, another factor in rising pump prices.”
The Iran conflict is in its fourth week. Negotiations are continuing, according to the White House, and President Donald Trump has delayed potential strikes on Iranian energy sites, citing progress in talks….