The surge is becoming a political liability, with the Iran war estimated to have added over $100 billion to Americans’ energy costs ahead of the midterms.

US gasoline prices are set to hit a record $4.03 per gallon over Labor Day. Crude oil reaching a new all-time high by December 31 at 9.5% YES.

US gasoline prices are projected to hit a record $4.03 per gallon for Labor Day 2026 as the Iran conflict keeps crude oil above $90 a barrel.