Skip to content
Back to Guavy Wire
Commodities

Iran Conflict Drives Up Gas Prices in Central Texas

Instruments
Oil
Share

Central Texas drivers are feeling the pinch of rising gas prices, which have reached $3.70 per gallon in the Austin-San Marcos area, a 98-cent increase from last year, according to AAA Texas.

Doug Shupe, a spokesperson for AAA Texas, said that despite the higher prices, most people will not be deterred from traveling during Labor Day weekend, as many plan their trips well in advance.

Shupe noted that the conflict involving Iran has disrupted shipping through the Strait of Hormuz, which affects about one-fifth of the world's oil and gas supply, leading to higher fuel prices in the U.S.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc