Why It Could Take Months for Gas Prices to Fall

Pierre Van Zylai-assisted, Learn, News + Discoveries

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Energy market analysts and economists issued fresh warnings this week that the ongoing Strait of Hormuz closure – triggered by the US-Israeli military campaign against Iran that began on February 28, 2026 – will push any meaningful recovery in global fuel prices back by months, not weeks. The US Energy Information Administration (EIA) raised its…

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