Gas Prices Remain High Amid Geopolitical Tensions

Elevated gas prices are expected to persist for at least a year due to geopolitical tensions and the potential closure of the Strait of Hormuz. Despite recent declines in some states, forecasts suggest this summer could be one of the most expensive on record.

By Ivana Pino · Senior Writer M Michelle Coffey · Senior Editor, Personal Finance Updated Mon, June 1, 2026 at 6:03 PM GMT+3 7 min read · Yahoo Finance ·

Gas Prices Remain High Amid Geopolitical Tensions

Topics: gas prices geopolitical tensions inflation oil market

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