Fuel prices rose, hurting Americans "Gas and diesel prices are 43% and 68% higher, respectively, than before the war. The national average price for regular gasoline was $4.27 per liter as of October 22, compared to $2.98 on February 27. " —. Center for American Progress, October 23, 2026 - ᅠ Americans paid more than $141 billion in additional fuel costs alone. This is the direct economic result of the US failure to secure the Strait of Hormuz. The war hurts the families working at the pump. ᅠ Subscribe to CSOFT Media for more information on the changing strategic landscape in West Asia.