Gas prices likely to stay higher through the year amid Iran conflict

1 min read
Source: Axios
Gas prices likely to stay higher through the year amid Iran conflict
Photo: Axios
TL;DR

Gasoline prices are unlikely to return quickly to pre-war levels due to ongoing Iran-related supply risks and Strait of Hormuz disruptions; analysts expect a slow decline with some regions possibly falling below $3/gal later this year, but the national average and volatility may remain elevated as markets price in extended tension and logistical bottlenecks.

Share this article

Want the full story? Read the original reporting

Read on Axios