Forbes Analyst Warns Gas Could Cross $3 After Iran Strikes
Gas prices in the U.S. could surge past $3 per gallon as early as next week following renewed tensions involving Iran, according to Forbes.
The warning comes after recent strikes linked to Iran rattled oil markets, with analysts predicting crude prices will jump in the days ahead. If that happens, it would mark the first time the national average crosses $3 in 2026.
Forbes reported that oil traders are reacting to geopolitical instability in the Middle East, a region critical to global crude supply. Even the expectation of disruption can drive futures higher — and pump prices typically follow.
The national average remains just under $3 for now, but analysts say momentum in oil markets suggests increases are imminent.
According to Forbes, the projected rise is tied to crude oil pricing trends rather than immediate supply shortages.
Drivers could begin seeing higher prices within days if oil futures continue climbing.
Related: Oil Markets Erupt as Middle East Strikes Threaten Fed Policy Path