Episode Details
Back to EpisodesFuel Prices May Stay High for Months
Description
U.S. Energy Information Administration predicts fuel prices may remain high for months due to the Strait of Hormuz conflict, contradicting President Trumps promises of quick relief. The straits full reopening could take months, keeping oil costs elevated throughout the year. Gasoline could average $4.30/gallon next month, and diesel may reach $5.80/gallon in April. Experts warn prices could surpass $5/gallon without a solid reopening plan, impacting truckers, commuters, and the economy.
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