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Americans Brace for Rising Gas Prices Amid Iran Conflict

3/10/2026

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Summary

Story summary

U.S. President Donald Trump’s military strikes on Iran have led most Americans to expect rising gasoline prices, according to Reuters/Ipsos.
About 67% of respondents expect gas prices to worsen.
About 60% foresee prolonged U.S. military involvement in Iran.
Gas prices have surged by over 40 cents per gallon since the conflict began, due to disruptions in oil supply.
Forty-nine percent believe the war will negatively impact their finances.

History

Historical Context

The Iranian Revolution of 1979 overthrew Shah Mohammad Reza Pahlavi, establishing an Islamic Republic led by Ayatollah Ruhollah Khomeini. This upheaval caused oil prices to surge over 400%, disrupting global markets and the U.S. economy. Today, military tensions with Iran evoke similar fears, with 67% of Americans anticipating rising gasoline prices due to potential supply disruptions, echoing the economic strains of past oil crises.

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Story summary

U.S. President Donald Trump’s military strikes on Iran have led most Americans to expect rising gasoline prices, according to Reuters/Ipsos.
About 67% of respondents expect gas prices to worsen.
About 60% foresee prolonged U.S. military involvement in Iran.
Gas prices have surged by over 40 cents per gallon since the conflict began, due to disruptions in oil supply.
Forty-nine percent believe the war will negatively impact their finances.

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