US drivers are facing the highest gasoline prices since 2022, with the national average surpassing $4 per gallon this week as Middle East instability continues to roil global oil markets. The surge follows escalating tensions in Iran that have disrupted critical supply routes, pushing crude oil benchmarks to their highest levels in four years.
Diesel prices have crossed the $5 per gallon threshold nationwide, while California residents now pay an average of $5.89 for regular gasoline – with some stations charging over $7.50 for diesel. GasBuddy data reveals a 34% price jump since late February 2026, directly correlating with increased geopolitical risks in oil-producing regions.
Analysts note the price shock is already changing consumer behavior, with US vehicle mileage dropping 8% this month compared to March 2026. Many families are reportedly scaling back spring travel plans, while logistics companies warn of impending cost increases for shipped goods.
