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US Gas Prices Jump 11 Cents Overnight to $3.11 Per Gallon
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US Gas Prices Soar 11 Cents Overnight to $3.11 Amid War Concerns, Crude Futures Jump
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News18
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03-03-2026, 19:45
US Gas Prices Soar 11 Cents Overnight to $3.11 Amid War Concerns, Crude Futures Jump
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Average US gasoline price surged 11 cents overnight to $3.11, according to motor club AAA.
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Price hike attributed to refiners switching to summer blends and rising crude futures due to the war.
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Oil futures soared to over a year high after Iran's retaliatory attacks, including a drone strike on the US Embassy in Saudi Arabia.
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Benchmark US crude jumped 8.6% to $77.36 a barrel; Brent crude added 6.7% to $81.29 a barrel.
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Global oil prices rose sharply over concerns that the war will disrupt the global flow of crude.
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