Oil, gasoline prices jump amid Iran strikes, with future uncertain

Oil,Oil Prices,Iran,Gas,Gas Prices

Posted on AllSides March 2, 2026

The Hill

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The U.S.-Israel strikes on Iran have surged oil prices, and costs for consumers at the pump are expected to rise.

The price of global benchmark Brent Crude oil was at about $77 per barrel as of Monday afternoon, up from about $71 a week ago and about $66 per barrel a month ago.

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