Hormuz Crisis Impact 2026: US Gas Prices Leap to $4.11 per Gallon Amid Middle East Tensions

 AAA data showed US gas prices rose by 7 cents per gallon this week, hitting a $4.11 average for regular grade fuel in April 2026. This surge is driven by regional instability and the effective disruption of supply chains through the Strait of Hormuz. California remains the most expensive at $5.95, while Oklahoma stays the cheapest at $3.50. The ongoing conflict between the US and Iran has directly impacted global industrial goods and fuel costs. Analysts warn that without a diplomatic breakthrough to end the naval blockade, prices will continue to climb, adding more pressure on the 2026 global economy.