America is the oil king of the world. So why is the Iran war sending gas prices higher?

The United States is pumping more oil than any country in world history. Without all that crude, Americans could already be paying $4 or even $5 a gallon for gasoline, making the energy spike caused by the war with Iran even more painful.

Mar 4, 2026 - 14:00
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America is the oil king of the world. So why is the Iran war sending gas prices higher?
The United States is pumping more oil than any country in world history. Without all that crude, Americans could already be paying $4 or even $5 a gallon for gasoline, making the energy spike caused by the war with Iran even more painful.

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