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A new Yahoo!/YouGov poll showed that a majority of Americans disapprove President Donald Trump's handling of gas prices as a result of the Iran war.
The survey, which included 1,699 U.S. adults and was conducted between March 12 and March 16, showed that 66% of respondents disapprove of how Trump is handling gas prices compared to 27% who approve, while 67% disapprove of the president's approach to the cost of living compared to 26% who approve, which is his lowest approval rating for the issue to date. Trump is also reported to have seen his handling of the economy drop from a 37% approval last month to 32%, while his disapproval increased from 57% to 61%.
The current national average for regular gas is $3.842, which is higher than the previous day's average of $3.790; the previous week's average of $3.578; the previous month's average of $2.923; and the previous year's average of $3.078, according to the American Automobile Association. Oil prices have surged past $100 per barrel multiple times since the launch of 'Operation Epic Fury' as Iran has retaliated by stopping shipping flow through the Strait of Hormuz, which serves as a vital waterway for trade along the Persian Gulf.
The U.S. Department of Energy warned that gas prices aren't expected to drop back down to levels prior to the war in Iran until at least mid-2027 via the Financial Times.
“We’ve got a lot of costs moving their way through the system,” said Tom Kloza, an independent oil analyst. “We’re looking at some really scary inflation ratings — pervasive inflation throughout the country."