US gas prices reach highest ever recorded for August amid stalled talks with Iran
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Business category. Published on August 17, 2026 • Originally reported by Gaya Gupta. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the Business category. Published on August 17, 2026 • Originally reported by Gaya Gupta. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
Energy prices have been high since the US-Israel war with Iran began and the strait of Hormuz was blocked
US gas prices this month are so far the highest ever recorded for August as peace talks between the US and Iran have stalled and Donald Trump launched fresh threats against Oman.
The national average price of gas was $4.06 per gallon on Monday, according to data from AAA, $0.05 higher than last week and $1 more expensive than a year ago. In California and Hawaii, averages hit about $5.50 a gallon.
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