Trump’s energy secretary dodges $5-a-gallon gas-price forecast amid Iran tensions

Energy Secretary Chris Wright refused to rule out gas averaging $5 per gallon amid the Iran-Israel conflict and Strait of Hormuz disruptions that have driven prices higher, with AAA reporting an average of $4.52 per gallon. JP Morgan warned the threshold could be surpassed later this summer as travel increases. Wright said domestic production could help and that the administration is weighing measures such as pausing the federal gasoline tax to ease costs, while Trump has faced mounting criticism over the economy.