Florida gas prices climb as U.S.-Iran escalation pushes oil higher

(The Center Square) – Florida drivers are paying more at the pump as renewed tensions between the United States and Iran drive oil prices higher.

Gas prices in Florida increased on Sunday, the statewide average hitting $3.82 per gallon. That’s 5 cents more than a week ago, 8 cents more than last month, and 86 cents more than a year ago, according to the American Automobile Association.

The jump in gas prices comes after a tense weekend between the U.S. and Iran with President Trump declaring an end to the ceasefire and the U.S. launching a new round of offensive strikes against the Islamic Republic.

The president indicated Monday that he wants the U.S. to run the strait of Hormuz, which is a critical route for global oil shipments. Oil prices have increased in the U.S. by $2.50 per barrel, which is up 3% from Friday, the AAA reported.

“Concerns about potential fuel supply disruptions have nudged oil prices higher,” said Mark Jenkins, spokesman for AAA. “With tensions in the Middle East adding uncertainty to the global oil market, gas prices could remain volatile in the coming weeks.”

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Drivers in Florida are seeing the highest gasoline prices in West Palm Beach and Boca Raton at $3.98 per gallon. Trailing not too far behind is Naples at $3.91 per gallon, followed by Fort Lauderdale at $3.88 per gallon.

The least expensive metro markets for gas right now are Pensacola with gas at $3.57 per gallon, Panama City at $3.58 per gallon, and Crestview and Fort Walton Beach at $3.63 per gallon, according to AAA.

Florida’s average remains 5 cents below the national average of $3.87.

In general, prices are better than they were in mid-May when the national average went up to $4.56. However, with tensions escalating again, the prices are on the rise once more.

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