JPMorgan Warns Iran-Driven Oil Shocks Put $5 Gas Within Reach
TL;DR
JPMorgan analysts say Iran-related oil shocks are tightening global fuel supplies, pushing gasoline toward $5 a gallon while US prices sit above $4 and diesel and jet fuel costs climb, ahead of the summer driving season as geopolitical tensions keep energy markets volatile.
- Risk of $5 gas ‘can no longer be missed’, JP Morgan warns amid Iran war oil shocks The Independent
- ‘We’re sick of it’: Cobb County residents feel the pinch as gas prices continue to rise Marietta Daily Journal
- American drivers are in for gas prices deja vu this summer qz.com
- After months of war with Iran, people across the US say they're feeling the strain of high gas prices ABC News - Breaking News, Latest News and Videos
- Risk of $5 Gas ‘Can No Longer Be Dismissed,’ JPMorgan Says Bloomberg.com
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