{"id":73293,"date":"2026-04-01T14:17:10","date_gmt":"2026-04-01T14:17:10","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/gas-prices-hit-4-06-a-gallon-before-trumps-prime-time-address\/"},"modified":"2026-04-01T14:17:10","modified_gmt":"2026-04-01T14:17:10","slug":"gas-prices-hit-4-06-a-gallon-before-trumps-prime-time-address","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/gas-prices-hit-4-06-a-gallon-before-trumps-prime-time-address\/","title":{"rendered":"Gas prices hit $4.06 a gallon before Trump&#8217;s prime-time address"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"\">\n<p>U.S. gasoline prices continue to inch higher, hitting $4.06 a gallon after crossing $4 on Tuesday, as the\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/us-iran-tensions\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">Iran war<\/a><\/span>\u00a0continues to drive up costs for American drivers.<\/p>\n<p>The average cost of a gallon of gas has jumped 36% since the war started, according to <a href=\"https:\/\/gasprices.aaa.com\/\" target=\"_blank\" rel=\"noopener\">AAA<\/a>. Gas <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/gas-prices-hit-4-a-gallon-iran-war-highest-since-2022\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">climbed above $4 yesterday<\/a><\/span> for the first time since August 2022.<\/p>\n<div>\n<div style=\"min-height:565px\" id=\"datawrapper-vis-FinjE\"><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/FinjE\/full.png\" alt=\"Gas prices over time (Line chart)\"\/><\/div>\n<p> <amp-iframe width=\"100\" height=\"100\" layout=\"responsive\" sandbox=\"allow-scripts allow-same-origin\" resizable=\"\" src=\"https:\/\/datawrapper.dwcdn.net\/FinjE\/\">  <\/amp-iframe><\/div>\n<p>The war in Iran is disrupting the world&#8217;s oil supply, pushing up prices at the pump. Brent crude accounts for 51% of the cost of a gallon of gas,\u00a0<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=67165#:~:text=Reposted%20on%20March%204,%202026,and%207%20states%20lowering%20taxes.\" target=\"_blank\" rel=\"noopener\">according<\/a> to the U.S. Energy Information Administration. \u00a0<\/p>\n<p>The Strait of Hormuz, through which one-fifth of the global oil supply flows, remains effectively closed, with a new analysis from Lloyd&#8217;s List Intelligence showing that most of the ships transiting the waterway are\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/live-updates\/iran-war-trump-nato-tehran-threatens-us-tech-companies-strait-of-hormuz\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">linked to Iran<\/a><\/span>. \u00a0<\/p>\n<h2>Trump prime-time address<\/h2>\n<p>President Trump told CBS News Tuesday that gas prices will drop &#8220;when we leave, when it&#8217;s over.&#8221;\u00a0<\/p>\n<p>The president is planning to deliver a <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/trump-iran-war-update-primetime-address-wednesday\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">prime-time address <\/a><\/span>Wednesday night to &#8220;provide an important update on Iran,&#8221; White House press secretary Karoline Leavitt\u00a0<a href=\"https:\/\/x.com\/presssec\/status\/2039127824947183967?s=46&amp;t=lwGJ8Z_-2_hH65OAb53GJw\" target=\"_blank\" rel=\"noopener\">announced on X<\/a>. The president has signaled that he is aiming to strike deal with Iran and wrap the war up in a matter of weeks.<\/p>\n<p>Leavitt has also addressed rising fuel prices, telling CBS News in a Tuesday email, &#8220;When Operation Epic Fury is complete, gas prices will plummet back to the multi-year lows American drivers enjoyed before these short-term disruptions.&#8221;<\/p>\n<p>Slashing energy prices was one of the <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/donald-trump-platform-policy-positions-2024\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">main promises<\/a><\/span> Mr. Trump made on the campaign trail.\u00a0<\/p>\n<p>Even with hopes for a potential resolution to the conflict, Patrick De Haan, a petroleum expert at GasBuddy, thinks gas prices could continue to float higher in the short term. He said on <a href=\"https:\/\/x.com\/GasBuddyGuy\/status\/2039298124028445096\" target=\"_blank\" rel=\"noopener\">X<\/a> Wednesday that he expects several states, including Michigan, Indiana and Ohio, could see their gas prices rose today. De Haan also predicts the national average will reach $4.10 a gallon this week.<\/p>\n<p>&#8220;The next chapter may be written tonight when Trump addresses the [nation],&#8221; he said.<\/p>\n<pre><div style=\"min-height:481px\" id=\"datawrapper-vis-812II\"><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/812II\/full.png\" alt=\"Average gas prices by state (Choropleth map)\"\/><\/div> <amp-iframe width=\"100\" height=\"100\" layout=\"responsive\" sandbox=\"allow-scripts allow-same-origin\" resizable=\"\" src=\"https:\/\/datawrapper.dwcdn.net\/812II\/\">  <\/amp-iframe> <div style=\"min-height:427px\" id=\"datawrapper-vis-TIphM\"><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/TIphM\/full.png\" alt=\"Table\"\/><\/div> <amp-iframe width=\"100\" height=\"100\" layout=\"responsive\" sandbox=\"allow-scripts allow-same-origin\" resizable=\"\" src=\"https:\/\/datawrapper.dwcdn.net\/TIphM\/\">  <\/amp-iframe><\/pre>\n<section class=\"content__body--footer\">\n<p class=\"content__meta--editors\">\n      Edited by<\/p>\n<p>                                  <a href=\"https:\/\/www.cbsnews.com\/team\/aimee-picchi\/\" class=\"byline__author__link\" data-invalid-url-rewritten-http=\"\">Aimee  Picchi<\/a>\n                      <\/p>\n<\/section>\n<p>  <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation  \">\n        <\/aside>\n<section class=\"content__body--footer\">\n      <!-- tags --><\/p>\n<section class=\"content__tags\">\n<p class=\"content__tags__label\">In:<\/p>\n<\/section>\n<\/section><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/gas-prices-4-06-trump-address-iran-war\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. gasoline prices continue to inch higher, hitting $4.06 a gallon after crossing $4 on Tuesday, as the\u00a0Iran war\u00a0continues to<\/p>\n","protected":false},"author":1,"featured_media":73294,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[4107,1528,1057],"class_list":["post-73293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-gas-prices","tag-iran","tag-oil-and-gas"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gas prices hit $4.06 a 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