Oil has surged since the Iran conflict, but gas prices may not be done rising ^85.1%

Fox Business - By Bradford Betz - 3/28/2026, 3:00 PM

Pessimism Bias 34.1% - Post Hoc (False Cause) 21.3% - Confirmation Bias 18%

Oil prices have surged more than 40% since the start of the Iran conflict, rattling global energy markets and raising concerns that U.S. drivers could see further increases at the pump. Analysts say consumers may not have felt the full impact yet because higher crude costs typically take weeks to filter through to retail gasoline prices.... more