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Santa Barbara Gas Hits $4.98 Amid Iran Conflict

3/14/2026

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Summary

Story summary

Santa Barbara gas averages $4.98 per gallon, reflecting a national trend linked to the ongoing war in Iran.
The conflict led Iran to close the Strait of Hormuz, a key oil route, fueling price volatility.
California gas prices remain higher due to strict environmental rules and high taxes.
Newsom criticized U.S. President Donald Trump, asserting rising prices are a global issue rather than U.S. energy policy.

History

Historical Context

The Iran-Iraq War, which began in 1980, led to the closure of the Strait of Hormuz, disrupting global oil supplies and causing prices to surge by over 50%. This strait is crucial, handling 20% of the world's oil trade. Today, similar geopolitical tensions continue to influence gas prices in places like Santa Barbara, highlighting ongoing debates about energy policy and environmental regulations.

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Story summary

Santa Barbara gas averages $4.98 per gallon, reflecting a national trend linked to the ongoing war in Iran.
The conflict led Iran to close the Strait of Hormuz, a key oil route, fueling price volatility.
California gas prices remain higher due to strict environmental rules and high taxes.
Newsom criticized U.S. President Donald Trump, asserting rising prices are a global issue rather than U.S. energy policy.

1 / 2