economy
March 9, 2026
California gas prices rise above $5 a gallon amid US war with Iran
West coast state’s average cost per gallon has climbed $0.55 since the conflict in Middle East began over a week ago
TL;DR
- California gas prices have surged past $5 per gallon due to the war in Iran.
- The national average gas price has increased by nearly $0.50 since the conflict began.
- The war has caused oil prices to exceed $100 a barrel and disrupted oil shipments through the strait of Hormuz.
- Approximately 9 million barrels of oil per day are currently off the market.
- Californians face higher prices due to taxes, environmental regulations, and reduced refining capacity.
- Governor Gavin Newsom's office attributes the price increase to President Trump's actions, while the Trump administration suggests it's a temporary disruption.
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