Gas prices in Brevard County jumped 37 cents to $3.92 per gallon in a month, according to AAA data from March 23. The increase follows escalating tensions between the Trump administration and Iran, which have sent oil prices soaring. Prices in the county are now $1.06 higher than they were on February 23, 2026.
The U.S. government and Iran have exchanged threats over the past week, with President Trump announcing via social media Monday that he was delaying planned strikes on Iran. This led to a drop in oil prices from $113 to $96 per barrel, but experts say prices are still too high. Iran denied reports of ongoing negotiations, and oil remains 38% above its January 1 price of $70 per barrel.
Prices vary slightly across Central Florida: Osceola and Volusia counties are at $3.96 per gallon, Seminole at $3.95, Orange at $3.94, and Lake County at $3.92. The statewide average in Florida is $3.95, a 45% increase over three weeks—the fastest rise in four years.
Energy analysts say the Trump-Iran standoff will keep oil prices elevated. Despite Trump’s social media post suggesting progress in talks, no official negotiations have been confirmed. AAA forecasts prices could stay near $4 per gallon unless there is a major shift in U.S.-Iran relations.
The spike comes as drivers face the highest prices since 2022. With oil still trading at $96 per barrel, experts warn consumers should prepare for more volatility. Local commuters say the increase is already straining budgets, with some cutting back on discretionary spending.