- BIST10011,577-1.87%
- USD49.60+0.05%
- EUR55.68+0.11%
- GOLD4,115.50-0.83%
- INTEREST37.00%-1.00
- BITCOIN82,590-1.71%
- October 22, 202610°
- BIST10011,577-1.87%
- USD49.60+0.05%
- EUR55.68+0.11%
- GOLD4,115.50-0.83%
- INTEREST37.00%-1.00
- BITCOIN82,590-1.71%
- October 22, 202610°
Gasoline Prices in the USA Expected to Remain High Throughout 2026
Experts state that the war in Iran and supply disruptions in the region will keep gasoline prices in the USA high throughout 2026. Uncertainties in the global oil market and increases in insurance costs are driving prices up.
Gasoline prices in the USA are expected to remain high throughout 2026 due to the war in Iran and supply disruptions in the region. According to data from the American Automobile Association (AAA), average gasoline prices per gallon are around $4.30 at the beginning of 2026, and prices can reach up to $6 in some states. Mark Zandi, chief economist at Moody’s Analytics, states that oil is directed to the buyer offering the highest price in global markets, which causes prices to stay high. James Cox from Harris Financial Group predicts that high prices will continue until the end of the year due to increased insurance costs and regional risks. It is noted that repairing infrastructure damage in the Middle East will take years and oil supply will remain limited during this period. Kate Gordon, CEO of California Forward, emphasizes that the current situation will have long-term effects and that it will not be easy for oil supply to return to previous levels. Experts state that developments in the global oil market will continue to determine gasoline prices and no significant price drop is expected in the short term.
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