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El Paso Gas Prices Surge to Highest Point in Four Years Amid Conflict

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Gasoline prices in the U.S. have reached their highest level in four years, with an average cost of $4.17 per gallon as of April 28, 2026. This represents a significant increase of $1.19 per gallon since the onset of the U.S.-Israeli conflict with Iran on February 28, leading to a 28% rise in just two months. The ongoing war has caused major disruptions in oil supply, particularly with the Iranian closure of the Strait of Hormuz, which is critical for global oil transport. Despite the U.S. being a net oil exporter, domestic prices are affected by global market fluctuations. El Paso residents should prepare for continued high fuel costs as negotiations over the conflict show little progress.

Key Details: • Average gas price in the U.S. is $4.17 per gallon. • Prices increased by $1.19 since February 28, 2026. • Strait of Hormuz closure impacts global oil supply. • U.S. oil futures are around $99 a barrel, over 50% higher than pre-war levels.

el-paso gas-prices global-economy oil-market iran-war

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El PasoAAAU.S. Energy Information AdministrationStrait of Hormuz

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