CA, US & World

Oil, Gas Prices To Rise After U.S. Strikes

Americans could start paying more at the gas pump after the U.S. military strike on Iran. Oil prices surged late Sunday. U.S. oil futures jumped 3.6% to about 76 dollars a barrel. Some experts predict oil prices could go even higher perhaps as high as 80 dollars a barrel. Oil hasn't traded that high since last January. And has largely stayed between 60 and seven five dollars a barrel. That has helped lower gas prices to under three dollars a gallon for many American's. But experts predict those prices will likely rise and that will reignite inflation across the country.

By: NBC Palm Springs

June 22, 2025

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Oil, Gas Prices To Rise After U.S. Strikes