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Iran airstrikes could push gas prices toward $4 per gallon, expert says
Posted
March 2, 2026
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1,178
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March 2, 2026
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2:09Now PlayingAirstrikes on Iran have effectively closed the Strait of Hormuz, which 20% of the world's oil travels through. Experts say this could raise the price of gas up to $4 a gallon within a week.
Following the potential rising gas prices, it could have effects on other industries such as food markets or airlines as the supply chain is disrupted.
Many experts will keep an eye on the next steps, as financial markets decide how many risks they would want to take.
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