Americans could see modest increases in the prices they pay at the pump in the wake of increasing conflict with Iran, analysts say.

Andrew Lipow, president of consulting firm Lipow Oil Associates, told The Hill on Monday that any additional increases in gasoline prices will likely be just a few cents.

“I expect that gasoline prices are going to drift up about three to five cents a gallon over the next couple of weeks,” Lipow said.

He added that after an initial 5 percent jump in the price of crude oil, “the market has sold off since then and now has turned negative.”

Oil prices fell on Monday, and U.S. benchmark WTI crude was down to about $69 per barrel on Monday afternoon — after jumping as high as $75 per barrel late last week in anticipation of U.S. strikes on Iran.

The U.S. hit Iranian nuclear facilities on Saturday night, bringing the country directly into Iran’s conflict with Israel.

Gasoline prices were higher on Monday, averaging $3.22........

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