Oil Prices Decline Overnight on US-Iran Agreement
Florida gas prices are moving lower after rising 17 cents early last week. The state average then declined 12 cents through the weekend.
Sunday’s state average of $3.83 per gallon is:
- 3 cents more than a week ago
- 56 cents less than a month ago
- 88 cents more than this time last year
“Crude prices dropped overnight after the United States and Iran announced an agreement to reopen the Strait of Hormuz,” said Mark Jenkins, spokesman for AAA – The Auto Club Group. “This is an encouraging sign for drivers, as lower oil prices typically lead to lower prices at the pump. However, this remains a fluid situation, and it’s unclear how quickly or how much gas prices may fall.”
Sunday night, crude oil traded around $80 per barrel, down about 5% from Friday’s closing price of $84.88.
When the U.S.-Iran conflict began, oil traded near $67 per barrel. As tensions escalated, crude eventually climbed to a high of $112.95 in early April. During that time, Florida’s average price for gasoline rose from $2.91 per gallon to a high of $4.52/g, increasing the cost of filling a 15-gallon tank by nearly $25.
The Strait of Hormuz could reopen Friday, when the agreement is expected to be signed, but market conditions may take time to stabilize. Resuming shipping traffic and restoring confidence among insurers and global markets could take weeks or longer.
Visit GasPrices.AAA.com to view state and local average gas prices
Regional Prices
- Most expensive metro markets – West Palm Beach-Boca Raton ($4.04), Naples ($3.94), Fort Lauderdale ($3.92)
- Least expensive metro markets – Pensacola ($3.52), Crestview-Fort Walton Beach ($3.63), Panama City ($3.68)
How to Conserve Gasoline
- Combine errands to limit driving time.
- Drive conservatively. Avoid aggressive acceleration and speeding. This reduces fuel economy.
- Remove excess weight in your vehicle. Every 100 pounds can lower fuel economy by 1-2 percent.
- Shop around for the best gas prices in your community by using the AAA mobile app.
- Pay with cash. Some retailers charge more per gallon for customers who pay with a credit card.
AAA Resources for Drivers
- Find the lowest gas prices in your area by using the free AAA mobile app.
- Determine fuel costs for your trip by using the AAA's Gas Cost Calculator.
- Enroll in savings programs. AAA Members who enroll in Shell's Fuel Rewards program can save 30 cents per gallon on their first fill-up and 5 cents per gallon on each additional trip to the pump. Click here for more information.
- Ensure your vehicle is properly maintained to optimize its fuel economy. Visit AAA.com/AutoRepair to find a certified repair shop.
| AAA GAS PRICE AVERAGES (Price per gallon of regular unleaded gasoline) |
 | Sunday | Saturday | Week Ago | Month Ago | One Year Ago |
National | $4.074 | $4.086 | $4.174 | $4.534 | $3.134 |
Florida | $3.831 | $3.859 | $3.804 | $4.385 | $2.949 |
Georgia | $3.761 | $3.771 | $3.846 | $4.015 | $2.867 |
Gas Price Survey Methodology
AAA updates fuel price averages daily at www.GasPrices.AAA.com. Every day up to 130,000 stations are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability. All average retail prices in this report are for a gallon of regular, unleaded gasoline.
The Auto Club Group (ACG), named a 2026 Forbes Most Trusted Company in America, is the second-largest AAA club in North America, with more than 14 million members across 14 U.S. states and two U.S. territories. ACG and its affiliates provide members with roadside assistance, insurance products, financial services, travel offerings and more. ACG is part of the national AAA federation, which serves more than 66 million members across the United States and Canada. Its mission is to protect and advance freedom of mobility and improve traffic safety. Morning Consult recently ranked AAA Insurance as America's most trusted insurance brand for 2026, reflecting the confidence consumers place in the AAA brand. For more information, download the AAA Mobile app, visit AAA.com, and follow us on social media.