Gas prices may rise if no deal with Iran is reached despite 49 of 50 states in the U.S. seeing lower prices.

Oil prices sharply rose on Monday afternoon as Iran suspended all indirect talks with the US and vowed to fully close the Strait of Hormuz.

Gas prices may rise if no deal with Iran is reached despite 49 of 50 states in the U.S. seeing lower prices.

Trump's 'I Don't Care' attitude towards Iran negotiations could spike gas prices in the U.S. as high fuel costs continue affecting people.