BUSINESSKOAA NBC5 COLORADO SPRINGS
Experts say gas prices will remain sticky, especially if Iran conflict flares up again
Gas prices have slightly dropped to $3.90 per gallon following a U.S.-Iran agreement to reopen the Strait of Hormuz, but experts predict prices will remain elevated until early 2027. Recent military actions in the strait, including Iranian strikes on a container ship and U.S. retaliatory strikes, raise concerns about renewed disruptions that could push prices higher.
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