(AURN News) — Americans are getting slammed by high gas prices as a result of President Donald Trump’s war with Iran.
According to AAA, the national average price for regular gasoline is now $3.63 per gallon, a sharp increase from $3.07 in March 2025.
“The United States is the largest oil producer in the world, by far, so when oil prices go up, we make a lot of money,” Trump posted on social media this week.
“BUT, of far greater interest and importance to me, as president, is stoping an evil empire, Iran, from having nuclear weapons, and destroying the Middle East and, indeed, the world. I won’t ever let that happen!” he said.
The question many Americans are asking is who exactly is making all of that money.
From high prices at the grocery store to higher prices at the pump, some are questioning who the current economy is benefiting.
According to a recent report from Challenger, Gray & Christmas, several industries saw major job cuts in February. The data show the tech sector had 11,039 cuts, an increase of 51% from last year. Education saw a 96% increase in cuts compared with last year, while industrial manufacturing saw a 143% increase in job cuts.
With the price of oil tied to many areas of the economy — from travel to shipping — middle- and lower-income Americans are footing the higher bill.
Click play to listen to the AURN News report from Jamie Jackson:
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