Trump Orders Iran Strikes as Crude Jumps 10% and U.S. Gasoline Spike Warning Hits

Mar 03, 2026

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Gas prices are rising (again). The heat and supply cuts impact what you pay at the pump, experts say | The Hill

Oil and gas prices are moving higher again after weekend U.S. strikes on Iran collided with a fresh supply shock tied to Qatar’s LNG output.

Markets were already jumpy as shipping risks around the Strait of Hormuz climbed, with Reuters warning U.S. gasoline prices could push higher as crude jumped about 10% in early trading.

Then Europe’s gas market got h…

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