The average price of gasoline in the United States reached an all-time high of about $4.14 per gallon (3.785 liters) this Labor Day weekend, a holiday that marks the end of summer in the country, an increase caused by the disruption of crude oil traffic through the Strait of Hormuz due to the war against Iran.

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The current cost of fuel reflects a 4-cent increase over last week’s average, according to data from the American Automobile Association (AAA), which warns that this indicator “had never exceeded $4 per gallon” during the holiday.

The previous record for the Labor Day weekend, celebrated on the first Monday of September, was $3.82, set on September 3, 2012, the AAA recalled. A year ago, the average price per gallon of gasoline stood at $3.19.

LABOR DAY ON TRACK TO SET RECORD AT THE PUMP

Today’s National Average: $4.1436

One Week Ago: $4.0997

One Month Ago: $4.0946

One Year Ago: $3.1903

Labor Day weekend travelers are facing the highest gas prices ever for this time of year. The national average is $4.14, up 4…

— John from Maine (@SnipersEdge69) September 5, 2026

“Persistent volatility in the Strait of Hormuz has pushed crude oil prices into the $90 per barrel range. After a record-breaking August, this Labor Day weekend is also on track to set an all-time high for fuel prices,” the organization added in a statement.

The entity also noted that, “although gasoline demand usually decreases at this time of year – something that typically leads to a drop in prices – this year the situation is different due to the high cost of crude oil.”

The AAA’s forecasts for the weekend coincide with the all-time high of $5.88 per gallon for diesel recorded this Saturday, driven by the wars in Iran and Ukraine and their impact on fuel supply.

The US-Israel war against Iran, now over six months old, has disrupted traffic in the Strait of Hormuz, a crucial route through which 20% of the world’s oil passed.

This situation has caused the price of diesel to rise by 60% compared to 2025, reaching $3.71 per gallon. Fuel prices have soared, supply chains have been disrupted, and global markets have become uncertain.

In May, the US experienced a 4.2% peak inflation, which then fell to 3.4% in July due to moderation in energy costs. During the Memorial Day bridge in May, fuel prices averaged $4.55 per gallon, $1.40 higher than in 2025 and the highest for that date in the last four years.

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