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Gas Prices Surge 20% Amid Iran Conflict, Experts Warn

3/17/2026

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Story summary
  • Michigan gas prices surged 20% to $3.60 per gallon, driven by rising crude costs amid the ongoing conflict in Iran.
  • The International Energy Agency called this a significant supply disruption.
  • Nationally, prices rose 25% to $3.72 per gallon.
  • Florida saw the sharpest rise in four years.
  • Experts warn that tensions and seasonal fuel shifts could keep prices high, leaving consumers strained.