Gas Prices Expected to Remain High Amid Geopolitical Tensions

Rising oil prices and geopolitical tensions are expected to keep gas prices elevated through the summer. GasBuddy forecasts an average price of $4.80 per gallon by Labor Day, with Memorial Day prices reaching up to $4.48.

By Ivana Pino · Senior Writer M Michelle Coffey · Senior Editor, Personal Finance Updated Wed, May 20, 2026 at 3:59 PM GMT+3 7 min read · Yahoo Finance ·

Gas Prices Expected to Remain High Amid Geopolitical Tensions

Topics: economic impact energy markets gas prices oil supply

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