Could Middle East unrest lead to higher gas prices in the U.S.?

The conflict in Iran could mean higher gas prices for Americans, experts warn.

After this weekend’s strikes on Iran, U.S. crude oil prices rose by 6.5%, and as a result, experts at Gasbuddy tell NBC News that consumers could see gas prices rise as soon as Monday night.

A huge spike isn’t expected. Based on the jump in oil prices in the past couple days, Gasbuddy analysts say that could translate to about 10 cents a gallon.  

In the meantime, analysts at Bankrate say you shouldn’t make any sudden money moves to your investment portfolio, especially in your 401K, as the situation continues to play out.

Stephen Kates, a financial analyst for the firm, says investors should be cautious, and shouldn’t make any abrupt moves without carefully researching their options.

“A long-term strategic asset allocation strategy, looking at exposure to overall stocks, international stocks, bonds, cash, precious metals or other things, having that be one whole strategy is going to be important. You don’t want to suddenly try to jump into defense stocks today and go all in because that’s a narrative that’s only built on a few days of news,” he said.

Whether prices for things like gas, air travel, household goods, etc will go up or continue to go up really depends on how long the unrest in Iran lasts, experts say. Needless to say, there is a lot of uncertainty from analysts right now on what could be ahead.

But one thing is certain: it’s probably a good idea to fill up your tank soon.