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Gas Prices Surge Amid Iran Conflict and Supply Disruptions

3/21/2026

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Summary

Story summary

Gas prices are rising sharply due to the ongoing conflict in Iran and the closure of the Strait of Hormuz.
New Jersey's average gas price reached $3.82 as of March 20, 2026, up from $3.53 the previous week.
Nationally, prices rose to $3.91, up from $2.93 last month, as experts cite United States and Israeli strikes on Iran disrupting oil supplies.

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Story summary

Gas prices are rising sharply due to the ongoing conflict in Iran and the closure of the Strait of Hormuz.
New Jersey's average gas price reached $3.82 as of March 20, 2026, up from $3.53 the previous week.
Nationally, prices rose to $3.91, up from $2.93 last month, as experts cite United States and Israeli strikes on Iran disrupting oil supplies.