Middle East Conflict Has Now Impacted Gas Prices In Minnesota

Due to heightened geopolitical tensions in the Middle East, specifically U.S.-Israeli strikes on Iran, gas prices in the United States are surging this week. Reports indicate that the current conflict threatens oil supplies, raising crude oil prices and triggering fears of supply disruptions in the critical Strait of Hormuz.

While gas prices have spiked nationwide, rising nearly 8 cents, Wisconsin is currently experiencing the highest surge at approximately 33 cents per gallon over the past week. Other states seeing significant increases include Ohio, Georgia, Indiana, and Florida.

While not quite as dramatic as Wisconsin, gas prices have also increased significantly in Minnesota from just one week ago, and while the price surge is expected to be temporary, it's impossible to tell when prices will stop rising and, ultimately, go back down.

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Gas Prices On The Rise In Minnesota

AAA is reporting that gas prices across Minnesota were averaging about $3 a gallon on Tuesday, March 3, 2026, which is a jump of nearly 17 cents a gallon compared to a day ago.

In just one week, gas prices in Minnesota have risen by approximately 28 cents per gallon, and gas prices in Minnesota are now up more than 35 cents per gallon from a month ago.

Reports say that when compared to gas prices at this time last year in the state, prices are now a few cents higher than they were then.

Also, AAA is reporting significant price variations throughout the state, with average prices of nearly $3.10 a gallon in the Twin Cities on  March 3, but only about $2.86 in Duluth and $2.75 in Moorhead.

The average price in Minnesota currently remains about a dime a gallon below the national average.

President Trump recently stated nationally that while oil and gasoline prices may be “a little high for a little while” due to the ongoing conflict with Iran, he expects them to drop significantly once the military action concludes.

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The Middle East conflict has dramatically impacted oil prices. As of early March 2026, oil prices in the United States have surged to their highest level since July 2024, with WTI crude trading near $76 per barrel. This is an increase of about $10 in a week.

The rise in oil prices came after Iran launched a series of retaliatory attacks, including a drone strike on the U.S. Embassy in Saudi Arabia.

Iran has also struck energy facilities in Qatar and Saudi Arabia, and disrupted tanker traffic through the Strait of Hormuz, the narrow mouth of the Persian Gulf through which a fifth of all oil traded passes, which has played a significant role in natural gas prices soaring.

Unfortunately, it seems people in Minnesota and throughout the country should prepare to pay more at the pump for the foreseeable future.