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Online searches for electric and hybrid cars increase as war-linked fuel prices hit highest levels in nearly three years
US car buyers are showing a surge in interest in electric vehicles after Donald Trump’s decision to attack Iran helped cause a major jump in gasoline prices.
The cost to refuel a vehicle in the US is at its highest level in nearly three years, with the average national price of gas standing at $3.90 a gallon on Friday.
This increase has been driven by the rising global cost of oil in the wake of the US and Israel’s bombing of Iran, a major oil producer. The conflict has resulted in the strait of Hormuz, a vital waterway that conveys around a fifth of the world’s oil, being shut off by Iran.



It will always go up in nominal terms. That’s true of everything, due to inflation. It’s not always true in real terms, adjusted for inflation.