Oil prices increased on Wednesday following comments from President Donald Trump regarding Iran. The president stated that the ceasefire with Iran is over and that further negotiations are not worthwhile.

This development has led to a surge in oil prices. The impact of this increase on local gas prices in Texas is a concern.

For more information on how this may affect gas prices readers can refer to the full report from CBS Austin, which provides further details on the situation and its potential implications for Texas residents.