Regular gas prices hit a record high since 2023 amid war in Iran

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Ongoing conflict between the U.S. and Iran has caused the price of oil to increase, leading to a jump in cost at the pump.

According to AAA, regular gas prices have reached their highest levels since 2023, with Arizona’s average price currently at $4.63.

But gas prices aren’t the only thing increasing. Dennis Hoffman from ASU’s Center for Competitiveness and Prosperity Research, joined “Arizona Horizon” to discuss inflation and take an overall look at the economy.

Dennis Hoffman, ASU's Center for Competitiveness and Prosperity Research

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Fountain Hills with text reading: Food Festival Saturday, April 11, 2026, Fountain Hills, Arizona
April 11

Join us for the We-Ko-Pa ‘Check, Please! Arizona’ Food Festival

The cast of Downton Abbey in Character
aired March 8

Stream ‘Downton Abbey’ with Arizona PBS Passport

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