According to CoinMeta, the turmoil in the Middle East has affected oil and gas prices, with oil and gasoline prices typically reaching their peaks in July or early August. The uncertainty for the remainder of 2026 has increased, with oil prices rising by more than 20% in July and by over 40% since the beginning of the year. Due to the war between the United States and Israel against Iran, oil prices have continued to climb. President Trump stated that U.S. forces will launch an attack on Iran over the weekend. On July 31, gasoline prices remained relatively stable; GasBuddy data shows that the national average gasoline price in the United States was $4.093 per gallon, a year-on-year increase of 45%. It is expected that gasoline prices will fluctuate between $4.25 and $4.50 per gallon in August.