Iran, gas prices
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Gas prices have exploded to nearly $5 per gallon at some Tri-State stations. We are seeing $4.99 per gallon of regular unleaded at the Speedway on Wooster Pike in Fairfax and a BP gas station off Interstate 71 at Kings Mills Road in Mason.
BP’s profit more than doubled in the first quarter as the war in Iran drove energy prices sharply higher. On the same day that the
Although tensions are easing in the Middle East — at least for now — US gas prices will remain far above pre-war levels for weeks, if not months.
Chicago’s average price for a gallon of regular gas on Thursday was $5.01, up from $3.75 a year ago, according to AAA. Since the U.S. and Israel launched a major attack on Iran on Feb. 28, gas prices have increased by nearly 50%. The last time gas prices reached $5 a gallon was in August 2022.