The 20 states where gas prices rose the most in July
Gas prices in the United States have seen significant fluctuations, with 20 states experiencing increases outpacing the national average in July. The report attributes these trends to ongoing geopolitical tensions, specifically the US-Israeli war with Iran.
Why it matters
Rising fuel costs directly impact consumer purchasing power and inflation, making it a critical economic indicator for the American public.
Americans have felt the effects of the Iran war at the gas pump. Frederic J. BROWN/AFP via Getty Images Oil and gas prices across the US have remained high amid the ongoing US-Israeli war with Iran. Gas prices have dropped after spiking in May, but the national average is still over $4 per gallon. Indiana has seen the biggest rise in the past month, increasing by 14%. Since the Iran war began in late February, Americans have been feeling the effects at the gas pump. After the conflict started, prices rose sharply across the US. The national average peaked in May at roughly $4.56 per gallon, per AAA . Gas prices then fell before climbing again, and the national average gas price was $4.11 by the end of July. AAA's national average gas price rose by 6.73% in July, according to its Fuel Price Tracker .
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