Iran War Fuels 40% Gas Price Surge in US, Deepening Recession Fears

• Gas prices in parts of the US, especially the South and Southwest, surged by up to 40% due to the Iran war, with New Mexico hardest hit.
• Louisiana, Mississippi, Oklahoma, Texas, and Colorado saw significant increases, reflecting market sensitivity to geopolitical disruptions.
• Public anxiety over economic impact deepens, with Americans anticipating rising fuel costs and a weakening economy, fearing a recession.
• Most Americans believe the war is not going well and do not support bearing higher gas prices, seeking a quick end to the conflict.
• Trump administration faces pressure to stabilize markets, exploring options like temporarily lifting sanctions on Iranian oil, amid criticism for lacking a clear strategy.