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133 new news items in the last 24 hours
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  2. International

The average price of gasoline in the USA has increased by 6 cents, reaching 3.88 dollars per gallon, due to tensions between the United States and Iran, refinery issues, and a reduction in fuel supply.

Raluca Ioana Draghici
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12 July 2026, 08:13
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American consumers are facing a new increase in gasoline prices, which has risen by 6 cents, reaching $3.88 per gallon, after a period of decline. This increase is driven by escalating tensions between the United States and Iran, especially in the Strait of Hormuz.


Additionally, Washington has revoked the license for trading Iranian oil, amplifying concerns about global supply. Issues in the refining sector, including unplanned shutdowns of major refineries in the U.S., have contributed to a decrease in gasoline stocks by 1.9 million barrels.


Moreover, U.S. exports of petroleum products have reached a record level, reducing availability in the domestic market.


This price increase poses a political challenge for President Donald Trump, who has accused oil companies of excessive pricing.


Analysts predict ongoing price fluctuations, influenced by the developments of the conflict in the Middle East and the operation of refineries.

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Financial Intelligence
Preţurile benzinei cresc din nou în Statele Unite, pe fondul conflictului dintre SUA şi Iran şi al reducerii ofertei de carburanţi
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News.ro
Preţurile benzinei cresc din nou în Statele Unite, pe fondul conflictului dintre SUA şi Iran şi al reducerii ofertei de carburanţi

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NEWS ON THE SAME TOPICS

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Oil exceeds 90 dollars per barrel due to the conflict between the USA and Iran. Analysts predict further increases in price.
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Brent crude oil surpasses 80 dollars per barrel after escalating tensions between the USA and Iran
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Dumitru Chisăliță, president of the Intelligent Energy Association, warns that fuel prices will not rise in the coming days, but tensions in the Gulf could lead to significant increases in the next two weeks.
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The price of oil rises by approximately 2% after the US airstrikes on Iran.
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The price of oil rose on Tuesday, fueled by the intensification of conflicts in the Middle East and fears regarding global supply.
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