Episode Details

Gas prices nationwide dip to $4.07 per gallon, with West Coast states like California paying the most. Tensions in the Middle East, including the Israel-Lebanon ceasefire and U.S.-Iran talks, are influencing prices. The Strait of Hormuz blockades continue to impact oil supply. Prices surged after U.S.-Israeli strikes on Iran, affecting shipping and flight costs. Treasury Secretary Bessent predicts $3.00 gas if the strait clears up.

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