War with Iran sends gas prices to biggest overnight jump since May

Renewed tensions in the war with Iran caused gas prices to jump 5 cents overnight, reaching a national average of $3.88 per gallon. Delays in oil tanker traffic through the Strait of Hormuz and a declared end to the ceasefire by President Trump contributed to the surge, though crude oil prices remain stable around $70 per barrel. Tennessee drivers currently experience lower gas prices at $3.50 per gallon compared to the national average.