© 2026 ABC News

Negotiations on a permanent peace plan have struggled to get underway, and in recent days, a fresh round of tit-for-tat strikes has occurred between the U.S. and Iran over the strategic waterway.

\"PHOTO:
Justin Sullivan/Getty Images
PHOTO: A customer pumps gas into his car at a Chevron station, May 4, 2026 in Los Angeles.
>

According to the U.S. Energy Information Administration, the average cost of regular, unleaded gas climbed to $4.50 in the week ending May 11 -- the highest it had been since mid-July 2022. The price has since fallen to as low as $3.79 in recent days.

To find out how much it costs to fill up, type in the year, make, and model of your vehicle, and the city you're filling up in to calculate the price from a quarter tank to a full tank of gas.

ABC News' Matthew Glasser contributed to this report.

","canonicalUrl":"https://abcnews.com/Business/amid-fluctuating-gas-prices-tied-iran-war-nifty/story?id=134378515","legacySlug":"/news/story/amid-fluctuating-gas-prices-tied-iran-war-nifty-134378515","noIndexNoFollow":false},"publishTime":"12:01","publishDate":"07-08-2026","updatedTime":"17:28","updatedDate":"07-08-2026","socialImage":{"alt":"A customer pumps gas into his car at a Chevron station, May 4, 2026 in Los Angeles.","credit":"Justin Sullivan/Getty Images","ratio":"16x9","url":"https://s.abcnews.com/images/Business/cali-gas-1-gty-gmh-260505_1778009833084_hpMain_16x9_1600.jpg","width":992,"height":558},"datePublished":"7/8/2026 12:01:00 GMT","video":{"live":false,"id":134378515,"headline":"ABC News launches gas calculator amid rising costs","mediaAssetTitle":"clancytest embed - Copy","description":"Just punch in your vehicle's make and model and see how much you'll pay.","duration":"2:05","posterImg":{"url":"https://s.abcnews.com/images/GMA/default-img-undefined.png","width":608,"height":342},"video":{"feed":"https://service-pkgabcnews.akamaized.net/opp/hls/abcnews/2026/08/260829_abcnl_headlines_,500,800,1200,1800,2500,3200,4500,.mp4.csmil/playlist.m3u8"},"playlist":["135998990","135965613","135812210"]},"relatedItems":[{"contentType":"video","date":"August 27, 2026","headline":"Severe weather and flooding threat for Northeast","section":"News","slug":"/video/135998990","id":"135998990","image":{"alt":"VIDEO: Severe weather and flooding threat for Northeast","credit":"ABCNews.com","ratio":"1x1","url":"https://s.abcnews.com/images/GMA/260827_gma_zee_storm1_hpMain_1x1_608.jpg","width":384,"height":384},"images":{"alt":"VIDEO: Severe weather and flooding threat for Northeast","credit":"ABCNews.com","crops":[{"16x9":{"small":"https://s.abcnews.com/images/GMA/260827_gma_zee_storm1_hpMain_16x9_608.jpg","medium":"https://s.abcnews.com/images/GMA/260827_gma_zee_storm1_hpMain_16x9_992.jpg","large":"https://s.abcnews.com/images/GMA/260827_gma_zee_storm1_hpMain_16x9_1600.jpg"}},{"9x16":{"small":"https://s.abcnews.com/images/GMA/260827_gma_zee_storm1_hpMain_9x16_608.jpg","medium":"https://s.abcnews.com/images/GMA/260827_gma_zee_storm1_hpMain_9x16_992.jpg","large":"https://s.abcnews.com/images/GMA/260827_gma_zee_storm1_hpMain_16x9_1600.jpg"}},{"1x1":{"small":"https://s.abcnews.com/images/GMA/260827_gma_zee_storm1_hpMain_1x1_608.jpg","medium":"https://s.abcnews.com/images/GMA/260827_gma_zee_storm1_hpMain_1x1_992.jpg","large":"https://s.abcnews.com/images/GMA/260827_gma_zee_storm1_hpMain_1x1_1600.jpg"}}]}},{"contentType":"video","date":"August 26, 2026","headline":"Growing measles concern","section":"News","slug":"/video/135965613","id":"135965613","image":{"alt":"VIDEO: Growing measles concern","credit":"ABCNews.com","ratio":"1x1","url":"https://s.abcnews.com/images/GMA/260826_gma_schulze_measles2_716_hpMain_1x1_608.jpg","width":384,"height":384},"images":{"alt":"VIDEO: Growing measles concern","credit":"ABCNews.com","crops":[{"16x9":{"small":"https://s.abcnews.com/images/GMA/260826_gma_schulze_measles2_716_hpMain_16x9_608.jpg","medium":"https://s.abcnews.com/images/GMA/260826_gma_schulze_measles2_716_hpMain_16x9_992.jpg","large":"https://s.abcnews.com/images/GMA/260826_gma_schulze_measles2_716_hpMain_16x9_1600.jpg"}},{"9x16":{"small":"https://s.abcnews.com/images/GMA/260826_gma_schulze_measles2_716_hpMain_9x16_608.jpg","medium":"https://s.abcnews.com/images/GMA/260826_gma_schulze_measles2_716_hpMain_9x16_992.jpg","large":"https://s.abcnews.com/images/GMA/260826_gma_schulze_measles2_716_hpMain_16x9_1600.jpg"}},{"1x1":{"small":"https://s.abcnews.com/images/GMA/260826_gma_schulze_measles2_716_hpMain_1x1_608.jpg","medium":"https://s.abcnews.com/images/GMA/260826_gma_schulze_measles2_716_hpMain_1x1_992.jpg","large":"https://s.abcnews.com/images/GMA/260826_gma_schulze_measles2_716_hpMain_1x1_1600.jpg"}}]}},{"contentType":"video","date":"August 20, 2026","headline":"Fantasy football players serving their time for coming in last place","section":"News","slug":"/video/135812210","id":"135812210","image":{"alt":"With millions of fantasy football leagues around the world, the quest to generate the most unique and hilarious last place punishment has become an annual internet tradition.","credit":"ABCNews.com","ratio":"1x1","url":"https://s.abcnews.com/images/GMA/football_fantasy_gmafl_260820_hpMain_1x1_608.jpg","width":384,"height":384},"images":{"alt":"With millions of fantasy football leagues around the world, the quest to generate the most unique and hilarious last place punishment has become an annual internet tradition.","credit":"ABCNews.com","crops":[{"16x9":{"small":"https://s.abcnews.com/images/GMA/football_fantasy_gmafl_260820_hpMain_16x9_608.jpg","medium":"https://s.abcnews.com/images/GMA/football_fantasy_gmafl_260820_hpMain_16x9_992.jpg","large":"https://s.abcnews.com/images/GMA/football_fantasy_gmafl_260820_hpMain_16x9_1600.jpg"}},{"9x16":{"small":"https://s.abcnews.com/images/GMA/football_fantasy_gmafl_260820_hpMain_9x16_608.jpg","medium":"https://s.abcnews.com/images/GMA/football_fantasy_gmafl_260820_hpMain_9x16_992.jpg","large":"https://s.abcnews.com/images/GMA/football_fantasy_gmafl_260820_hpMain_16x9_1600.jpg"}},{"1x1":{"small":"https://s.abcnews.com/images/GMA/football_fantasy_gmafl_260820_hpMain_1x1_608.jpg","medium":"https://s.abcnews.com/images/GMA/football_fantasy_gmafl_260820_hpMain_1x1_992.jpg","large":"https://s.abcnews.com/images/GMA/football_fantasy_gmafl_260820_hpMain_1x1_1600.jpg"}}]}}],"relatedContentSection":"news","schemaContent":{"name":"ABC News launches gas calculator amid rising costs","description":"Just punch in your vehicle's make and model and see how much you'll pay.","duration":"2:05","uploadDate":"07-08-2026","publication":"07-08-2026","images":"https://s.abcnews.com/images/GMA/default-img-undefined.png","url":"https://service-pkgabcnews.akamaized.net/opp/hls/abcnews/2026/08/260829_abcnl_headlines_,500,800,1200,1800,2500,3200,4500,.mp4.csmil/playlist.m3u8","contentUrl":"https://service-pkgabcnews.akamaized.net/opp/hls/abcnews/2026/08/260829_abcnl_headlines_,500,800,1200,1800,2500,3200,4500,.mp4.csmil/playlist.m3u8","link":"https://www.goodmorningamerica.com/news/story/amid-fluctuating-gas-prices-tied-iran-war-nifty-134378515"}},"playlist":[{"id":"135156413","contentType":"story","section":"news"},{"id":"135940652","contentType":"story","section":"news"},{"id":"135916584","contentType":"story","section":"news"},{"id":"135835493","contentType":"story","section":"news"},{"id":"135803895","contentType":"story","section":"news"},{"id":"135768595","contentType":"story","section":"news"},{"id":"135739178","contentType":"story","section":"news"},{"id":"135734125","contentType":"story","section":"news"},{"id":"135706030","contentType":"story","section":"news"},{"id":"135592333","contentType":"story","section":"news"},{"id":"135619397","contentType":"story","section":"news"},{"id":"135617187","contentType":"story","section":"news"},{"id":"135574939","contentType":"story","section":"news"},{"id":"135591318","contentType":"story","section":"news"},{"id":"135555293","contentType":"story","section":"news"},{"id":"135548166","contentType":"story","section":"news"},{"id":"135545791","contentType":"story","section":"news"},{"id":"135521103","contentType":"story","section":"news"},{"id":"135515317","contentType":"story","section":"news"},{"id":"135453822","contentType":"story","section":"news"}],"kvps":{"pgtyp":"article","lang":"en","sp":"goodmorningamerica","programmatic":"true","bundleId":"com.abcnews"}},"analytics":{"accountID":"wdgnewwdgnewgmaweb","ns":"gma","pageName":"gma:news:video","pageType":"video","globalSpecVersion":"v1.08","siteDifferentiator":"gma:site","tagID":"g_page01","userABCookie":"0","section":"news","title":"ABC News launches gas calculator amid rising costs","pubTime":"08:01","pubDate":"07-08-2026","modTime":"13:28","modDate":"07-08-2026","taxonomyTags":"none","id":134378515,"editorialOtherSubjects":"","wordCount":"none","columns":"none","authors":"","authorsUnit":"none","authorsBureau":"none","subBrand":"Good Morning America","provider":"Good Morning America","videoName":"ABC News launches gas calculator amid rising costs","mediaAssetTitle":"clancytest embed - Copy","videoId":134378515,"mediaOnPage":"video","legacySlug":"/news/story/amid-fluctuating-gas-prices-tied-iran-war-nifty-134378515"},"taboola":{}},"request":{"headers":{},"httpVersion":"1.1","method":"GET","url":"/video/134378515","vary":{"host":"www.goodmorningamerica.com","cached":true,"path":"/video/134378515","forwarded-proto":"https","device":"desktop","userab":"0"}},"viewport":{"width":1260,"height":0},"user":{}};