Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Commodity>US Energy Sec. Says Gasoline Prices Have Peaked Out but May Not Fall Below USD3/ Gallon Until 2027
Recommend 1 Positive 3 Negative 1 |
||||
|
||||
|
Energy markets have been severely disrupted due to the US-Iran war and the continued closure of the Strait of Hormuz, said US Energy Secretary Chris Wright. Wright predicted that gasoline prices might not fall below USD3 per gallon until next year, but he stressed that prices had already peaked out. Upon the end of the conflict, Wright bet that gasoline prices would certainly return to below USD3 per gallon, a level they once reached after adjusting for inflation during President Donald Trump's administration. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
