Gas Prices Rise as Iran Tensions Escalate | Indianapolis News

Gas prices are surging as geopolitical tensions with Iran escalate—President Trump declares the ceasefire over, sparking fears of oil supply disruptions and higher pump costs. Indiana’s average gas price hit $3.27, up 20 cents in a week, as military activity ramps up and Trump hints at re-blocking the Strait of Hormuz. Lawmakers like Rep. André Carson call the conflict “bogus” and warn of our dependence on foreign oil, urging alternatives. Indiana’s gas tax suspension—saving drivers 60 cents per gallon—ends August 7, risking another price spike. Experts predict prices could hit nearly $4 a gallon if tensions persist and taxes return. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5a1379a875d0f911