Hormuz Fears Push California Gas Over $6 a Gallon

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Source: Crude Oil Prices Today | OilPrice.com
Hormuz Fears Push California Gas Over $6 a Gallon
Photo: Crude Oil Prices Today | OilPrice.com
TL;DR Summary

California’s average gasoline price topped $6 per gallon as WTI crude rose near $106 a barrel amid fears of a blockade outside the Strait of Hormuz and broader Iran-related instability, pushing the national average to about $4.30 per gallon—the highest since mid-2022.

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