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    Home » Middle East tensions driving up beef and propane prices this summer season | Invesloan.com
    Politics

    Middle East tensions driving up beef and propane prices this summer season | Invesloan.com

    April 18, 2026
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    Burger lovers take warning: neighborhood cookouts could be more expensive this summer, thanks to conflict in the Middle East.

    Global tensions are pushing up energy prices, resulting in higher costs for beef and the propane used to fuel backyard grills — just in time for Americans getting ready for barbecue season.

    “The impact of ongoing challenges in the Middle East on energy prices impacts nearly every facet of the U.S. economy and beef-cattle are not immune,” Glynn Tonsor, a professor of agricultural economics at Kansas State University, told Fox News Digital.

    THE SINGLE CRUSHING PROBLEM AMERICAN CATTLE RANCHERS WISH TRUMP WOULD FIX INSTEAD

    Rancher inspecting cattle from a truck on a farm

    A decrease in ranching and rising propane and fuel prices are all contributing to an uptick in the cost of Americans’ backyard barbecue. (Jonne Roriz/Bloomberg/Getty Images)

    Ranchers rely on energy at nearly every step of their process, from fueling tractors in the field to using trucks to transport cattle, and those higher costs are often passed on to consumers, Tonsor explained.

    Those pressures are showing up at the pump. The national average for a gallon of gas now stands at approximately $4.09, up roughly 93 cents from just one month ago, according to AAA, with costs climbing across nearly every region.

    Diesel, a key fuel for freight and shipping, has climbed to $5.61, up about $2.03 over the past year, making it more expensive to move cattle and beef across the country.

    The ripple effects go far beyond beef.

    Propane, the fuel powering many backyard grills, is also getting more expensive as global energy markets tighten, in part, because countries in the Middle East are such major suppliers to the world.

    U.S. propane prices at the Mont Belvieu hub, the industry benchmark for this type of power, have surged nearly 19% since the conflict began in late February.

    BEEF PRICES ARE CLOSE TO RECORD HIGHS — BUT AMERICANS AREN’T CUTTING BACK

    But higher energy costs are only part of the story.

    Cattle supply remains slow to respond. Unlike oil or metals, where supply can be increased relatively quickly, cattle production takes years to ramp up after a dip.

    The U.S. cattle herd is now at its smallest size in 75 years, which is keeping the supply tight following years of drought, rising costs and an aging ranching workforce resulting in producers needing to cut back.

    That tight supply is already pushing prices higher — and the Iran conflict is only proliferating the issue.

    According to U.S. Department of Agriculture data, the average price of beef in grocery stores climbed from about $8.70 per pound in March 2025 to $10.08 a year later — an increase of roughly 16%.

    Lamb joint and beef burgers cooking on a barbecue grill.

    Americans are likely to face higher prices for cookouts this summer amid the ongoing conflict in the Middle East, which is creating shipping bottlenecks for fuel and propane.

    Subsequently, even if energy prices ease, beef prices likely won’t be quick to follow.

    CLICK HERE TO DOWNLOAD THE FOX NEWS APP

    For shoppers, that means prices may remain high — or climb further — depending on whether consumers keep coughing-up cash for steak and burgers, or opt to switch to cheaper alternatives.

    Much of that comes down to forces far beyond Americans’ backyard that continue to shape the cost of firing up the grill this summer.

    Amanda covers the intersection of business and politics for Fox News Digital.

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