# Gas prices: What the Israel-Iran conflict means for your summer driving season | CNN Business

> Oil prices spiked as markets braced for a wider Israel-Iran conflict that could endanger regional energy supplies. US crude rose as much as 14% overnight before pulling back.

- Date: 2025-06-13 · published 2025-06-13T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude high
- Page: https://feedsoft.ai/events/7763-gas-prices-what-the-israel-iran-conflict-means-for-your-summer-driving-season
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Fears of disruption to Gulf energy supplies lift crude and gasoline prices, raising fuel and transport costs for feed buyers.

## Read by commodity

- WTI: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WTI | 2025-06-13 | 5 | +13.1% | 3.3 | US crude rose as much as 14% overnight on fears of a wider Israel-Iran conflict endangering regional supplies. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2025-06-13 | [Risk of regional conflict drives oil price surge after Israel's strike on Iran](https://feedsoft.ai/events/11000-risk-of-regional-conflict-drives-oil-price-surge-after-israel-s-strike-on-iran.md) | +10.2% | +1.1% |
| WTI | 2026-03-04 | [Diesel Prices Spike on Iran Conflict Just Ahead of Planting Season - AgWeb](https://feedsoft.ai/events/5534-diesel-prices-spike-on-iran-conflict-just-ahead-of-planting-season-agweb.md) | +12.2% | +37.4% |
| WTI | 2025-06-17 | [Oil prices rise more than 4% as Iran-Israel conflict escalates \| Reuters](https://feedsoft.ai/events/10994-oil-prices-rise-more-than-4-as-iran-israel-conflict-escalates-reuters.md) | -9.9% | -6.8% |
| WTI | 2018-07-02 | [What higher oil prices mean for OPEC and the U.S. \| Brookings](https://feedsoft.ai/events/63956-what-higher-oil-prices-mean-for-opec-and-the-u-s-brookings.md) | -0.3% | -4.5% |
| WTI | 2026-02-28 | [What the Iran attack means for oil, fertilizer and ag commodities - Pro Farmer](https://feedsoft.ai/events/20635-what-the-iran-attack-means-for-oil-fertilizer-and-ag-commodities-pro-farmer.md) | +35.6% | +50.4% |

## Sources

- cnn.com: https://www.cnn.com/2025/06/13/business/iran-israel-gas-prices-oil

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.