Gasoline Up $1 Since the Iran War: What Peace Hopes vs. Stagflation Fears Mean for You

Gas is about $1 a gallon more expensive nationwide since the Iran war began, and markets are swinging between cheering any hint of peace and worrying that higher oil and import prices will lock in stubborn inflation. That tug-of-war matters for you because it drives interest‑rate expectations, hits both stocks and bonds in different ways, and can whipsaw anyone reacting only to headlines instead of watching the underlying inflation story.