Gas, Diesel, Jet Fuel Prices Climb as Iran War Chokes Supplies

Whether they’re driving, flying or just trying to heat their homes, consumers worldwide are fast feeling the effects of the widening Iran war.

Gasoline, diesel and jet fuel prices have jumped, as the conflict between the US, Israel and Iran chokes off oil shipments through the Strait of Hormuz. And as the war threatens to drag on — with President Donald Trump demanding Iran’s total surrender — analysts say prices could climb far higher, fueling inflation.