Iran war pushes Brent crude up 40%, US gas prices rise 52%, shaking oil market's $100 benchmark

Since the Iran war began, Brent crude oil prices have surged nearly 40%, while the average price of gasoline in the US has increased by 52%. Despite expectations of a much higher spike due to what the International Energy Agency calls the largest supply disruption in history, global oil prices have remained around $100 per barrel. Analysts warn that if the conflict continues and key supply routes like the Strait of Hormuz remain blocked, the oil market could face further instability and price volatility. Investors are closely watching gas and oil product prices as a more immediate gauge of the war's economic impact in America.