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CBS News 20 Jul 2026 20 here now

New fighting in Iran war causing gas prices to surge

Gas prices are on their way up again as the U.S. and Iran continue to launch strikes at each other and ship traffic in the Strait of Hormuz dries up. Lindsey Reiser has more.

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Dying for Israel 😂
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3.99? Hell I wish! We're paying over $5 a gallon in washington state.
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All because of a completely avoidable war. Obama's Iranian nuclear deal was working perfectly fine but Trump had to axe it simply because it had Obama's name on it. That's the only reason we're all paying so much for gas right now. It's all because of his massive ego and hate for Obama. He had to do away with anything Barack touched.
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Make America great again aka oil companies great again🙈
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Trump is going to lose badly in the midterm elections... 4 months from now
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Cue in the Trumpers with "Gas is only $2.09 here where I live" in three.... two.... one....
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@bshwin From YouTube ↗ 21 Jul 2026 16
“I don’t think about Americans’ financial situation, not even a bit” - DJT

“Affordability is a hoax!” - DJT
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Where's the Trump supporters? Y'all love high gas prices.
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It is simply amazing! Prices go up overnight when there is any excuse, but when price by the barrel drops it takes weeks or more to "adjust" it down. It is a simple case of price gouging. I guess these oil companies wait to buy at the highest price possible and forward that to the consumer. Any person who studies business knows it is a racket. Just like credit cards, or bank accounts, they deduct from your balance immediately, but it takes 7 to 10 days to refund a credit.
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@josetross From YouTube ↗ 21 Jul 2026 23
& profits for oil companies are up😳
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Why does gas jump instantly? The gas is already at my local gas station but the prices jumps on this news? The price never drops quickly on good news.
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Well... It's expected, isn't it? Renew hostilities and blockades... Gas prices are gonna go up. The question should be how much higher it is expected to go. Oil reserves around the world, including the US, are drying up.
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Fully fund healthcare or any manner of domestic corrections or another war...healthcare or war...

War it is
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My gas is surging. 💩
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Just another excuse to raise prices. Our CEO farted, up goes prices. It’s hot this month up goes prices.
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Wars are expensive. That's common sense.

This shouldn't be news. The news should be that CEO'S are crooked corrupt and will never take a loss to keep prices lower. Pass the cost to the poor and workers while the rich and greedy make more. America, all hale the capitalist country where profit is king and corporations run the country
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Central Florida here and gas is $3.99 today, it’ll be $4.75 next week.
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Ours is $6!
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@BestBFam From YouTube ↗ 20 Jul 2026 36
Why does every Republican president sacrifice our troops to the Middle East.

Biden just got our troops out of Afghanistan and now Trump is sacrificing then in Iran..
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Rich people don't care.