CBS News gas and oil price tracker shows how much energy costs are rising amid the Iran war

TL;DR

The war with Iran is causing widespread financial strain due to rising oil and gas prices.
Prices are expected to remain high until shipping through the Strait of Hormuz, which handles one-fifth of global oil, resumes.
California already has higher gas prices due to reliance on imports and taxes, but prices are rising nationwide.
Diesel prices have increased more rapidly than gasoline due to prior shortages and its use in transporting goods.
Oil is only half the cost of gas; refining, taxes, and marketing also contribute to the price.
Seasonal demand also influences gas prices, with warmer months seeing higher demand.
Despite being the world's largest oil producer, the U.S. is subject to global market prices.
Heating bills are also expected to increase as residential heating oil prices climb in response to the conflict.

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