Tuesday, March 31
Good Morning America
ABC News
4.8 • 1K Ratings
🗓️ 31 March 2026
⏱️ 74 minutes
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| 1:05.0 | this is Good Morning America. It's all coming back to us right now. It's a very busy Tuesday |
| 1:10.6 | morning, a lot to get to. We do have a lot to get to. We're going to begin with the economic fallout from the war with Iran. It is spreading. As restrictions on oil supply have pushed the average price of a gallon of gas, past the $4 mark. That happened overnight. Lewis Chilsey starts us off. Good morning, Elizabeth. Good morning, George. This is a record-breaking spike in the cost of gas. |
| 1:28.4 | According to Gas Buddy, the national average is now above $4 a gallon for the first time in more than three years. |
| 1:35.4 | Gas prices are up $1.7 since the start of the Iran war, marking the biggest monthly increase on record. |
| 1:43.2 | Diesel is up $1.70 a gallon. |
| 1:45.4 | That is also the biggest spike ever in one month. |
| 1:47.7 | This all comes down to surging oil prices. |
| 1:50.7 | We are in the middle of an historic shock to the world's oil supply |
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