Market trends · on the rundown Wednesday, March 11, 2026
Gas prices rise nationwide; California prices hit $5.33
Covered by 1 outlet. First reported by huffpost.com at 23:19 UTC on March 11, 2026.
- outlets1
- distinct reports1
- first to latest report0 h
- names in it2
What happened?
- Crude oil futures surpassed $100 per barrel following military strikes on February 28.
- The U.S. national average for regular gasoline rose 19% in one month to $3.57 per gallon.
- California's average gas price reached $5.33 per gallon.
- Approximately 20% of the global oil supply flows through the Strait of Hormuz, which is currently restricted.
- California environmental regulations add an estimated 54 cents per gallon to fuel costs.
California gas prices reached $5.33 per gallon.
A machine summary written from the reports listed below; read them for the full account. How summaries are made and what is checked.
Who reported it, and when?
| Time | Report | Run by |
|---|---|---|
| Mar 11 23:19 | Report by huffpost.com |
|
A report's title is shown once our automated legal check has read it and passed it; these reports are named by outlet, and the links lead to each report.
Who was named?
More news naming Strait of Hormuz
- Oct 13 · Finance Transport Topics: “Iran increases threat to Strait of Hormuz shipping” 6
- Oct 10 · Climate China's 15% hydrogen vs U.S. 70% diesel 2
- Oct 4 · Climate Bloomberg: “Iraq Shifts Oil Strategy by Arranging Tanker to Move Past Hormuz” 2
- Oct 1 · Space & defense US announces $24.4 billion SM-6 contract to speed up missile production 4
- Oct 1 · Finance Bloomberg: “India Oil Refiners Change Tactics and Hire Ships to Cross Hormuz” 2
Sources: the outlets' reports linked on this page; counts and times from GetYourBrief's record of those reports (methodology).