Home War War in Iran: Pump prices have risen by 21% in the United...

War in Iran: Pump prices have risen by 21% in the United States, the highest since 1967

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France is far from being the only country to feel the consequences of the war in the Middle East on its economy. The United States is also affected by the conflict that its army opened in Iran with Israel on February 28, 2026. This offensive is very costly. Result: inflation in the United States is at 3.3% over a year, it increased by 0.9% in a month, the highest increase since 2022. This price increase is particularly felt at gas stations.

Between February and March in the United States, gas prices increased by 21%. According to the American statistical service, BLS, the equivalent of INSEE, the country had not experienced such a situation since the creation of an index for gas in 1967. Specifically, Americans are paying more than $4.15 per gallon of gas, which is just under 4 liters. Before the war, a gallon cost about $3.

Even though the United States is the world’s top oil producer, they are experiencing soaring prices. The war has economic repercussions that weigh heavily on households with medium and low incomes.

An inflation that is only just beginning

“This is just the beginning,” summarizes an economist cited by Agence France Presse. Donald Trump was elected in part on the promise of boosting purchasing power. A White House spokesperson assures that this inflationary surge is a short-term disruption “that was anticipated.” After more than 40 days of war with Iran, the Strait of Hormuz remains almost closed.