- US gas prices are projected to continue climbing for weeks, with experts predicting the national average could reach $4.20 to $4.30 per gallon.
- This surge is attributed to a conflict initiated by Donald Trump against Iran, which has disrupted global oil supplies and market stability.
- Energy experts note that initial market expectations for Trump to withdraw from the conflict have not materialized, leading to sustained uncertainty.
- The conflict has repeatedly disrupted tanker traffic through the Strait of Hormuz, a vital oil shipping route, and involved threats against Saudi oil by Houthi rebels.
- Analysts warn that ongoing disruptions have eroded market buffers, making a significant and unavoidable price correction in oil and gas markets increasingly likely.
IN FULL
