Florida gas prices up 29% in two weeks; diesel near $5 a gallon as Strait of Hormuz disruption hammers household budgets
Three weeks into the U.S.-Israel war with Iran, Treasure Coast drivers are feeling the conflict in the most immediate way possible: at the gas station.
Florida's average gasoline price has surged 29 percent in just two weeks, according to News Service Florida, outpacing even the national spike driven by global crude oil markets now hovering near $100 a barrel. That's up from roughly $70 a barrel before the war began.
Nationally, the average price at the pump has climbed to $3.718 per gallon — nearly 80 cents higher than a month ago, according to the American Automobile Association. Diesel, which powers the trucks, farm equipment and cargo ships that move nearly every consumer good in the economy, is closing in on $5 a gallon, a $1.34 increase from last month.
For Treasure Coast commuters already dealing with limited mass transit options, the math is punishing. A driver logging 1,000 miles a month in a vehicle averaging 25 miles per gallon was paying roughly $28 more per month for gas before the war than today According to available information,. For a family with two cars, that's a real budget hit.
The root cause is geopolitical and structural. The Strait of Hormuz — the narrow chokepoint through which roughly 20 percent of the world's oil supply typically flows — has seen sharp reductions in ship traffic since hostilities began. Both sides have targeted oil infrastructure, analysts say. Global oil supplies are experiencing what experts describe as their worst disruption in decades.
"Until we see a meaningful resumption of oil flows through the Strait of Hormuz, upward pressure on fuel prices is likely to persist," Patrick de Haan, head of petroleum analysis at GasBuddy, wrote Monday. He added that the seasonal transition to summer gasoline blends — a cleaner, more expensive reformulated fuel required under the Clean Air Act — is creating what he called a "double headwind."
The timing is particularly damaging for the Treasure Coast's tourism-dependent economy. Spring break traffic, which typically delivers a late-season boost to restaurants, hotels and attractions in Martin, St. Lucie and Indian River counties, coincides directly with the price spike. Higher fuel costs could suppress drive-in tourism from Orlando and South Florida According to available information,.
Local fishing charters, landscaping companies and delivery businesses — all diesel-dependent — face rising operating costs that will likely be passed to consumers According to available information,.
In Washington, President Trump has acknowledged higher prices but argued they will fall quickly when the war ends, noting that the U.S., as the world's largest oil producer, profits when crude prices rise. The International Energy Agency last week authorized its largest-ever release from national stockpiles, including 172 million barrels from the U.S. Strategic Petroleum Reserve. Oil prices continued climbing anyway.
There is no ceasefire on the horizon. The pump prices are not waiting.
This article was generated with AI assistance using publicly available information. It was reviewed and approved by a human editor before publication. TC Sentinel uses AI writing tools in accordance with FTC guidelines.
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