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Patrick de Haan, Gasbuddy’s Oil Analysis President, the increase in gasoline prices, the closure of the Strait of Hormuz “would not last long.”
Motorists don’t need to be a concern Mass Spike in Prices According to industrial analysts, the gas pump.
Oil prices that make up half of consumers in the pump, fell on Monday morning after the US maintenance of the US main nuclear site after the weekend.
West Texas intermediate (WTI) sat at a one-year height, the global benchmark brand is intensified as the conflict between Israel and Iran is stronger near the global benchmark brent crude oil. On Monday, WTI, a barrel of about $ 73, and Brent sits on a barrel around $ 76.
Gasbuddy’s Oil Analysis President, Patrick de Haan, said that it is a good news for those in the pump. “Knee Jerk” market reactions are typical after great activities.
“Motorists will probably continue to see a slow but steady increase in gas prices so far,” he said. “You really don’t really have to worry about mass spikes.”
Customers fill in a love station in Texas, Texas, Texas on May 7, 2025. (Shelby Tauber / Bloomberg Getty Imager / Getty Images)
He will be between 10 and 15 kopecks for the rise of the week, said that what consumers sees last week.
DANAGOV OIL FRIENDS Wait only “modest” will increase by President Andy’s lips and gas prices by 3 to 5 kopecks in the coming days.
ExxonMobil CEO speaks of oil supply between Iran-Israeli conflict
However, Lipow said Iran could attack any revenge attack, the oil market and the highest prices.
On the weekend three main Iranian nuclear spotting shocks on three main nuclear areas, oil prices fell on Monday on Monday on Monday on Monday. (Shelby Tauber / Bloomberg Getty Imager / Getty Images)
The market will put pressure on Iran to avoid closing the Strait of China, China, China, which has significantly purchased the secondary oriental oil from Iran’s oil exports. Iran threatened to shut down the throat to transport traffic after the United States hit Iran’s nuclear facilities.
“If the throat closes, Iran may not be in economic interest, if Israel attacked the main export facility on the Island Island,” Dibo said.
Tankers are seen on the Waterfall of the Global Oil Speaking on June 23, 2025, on June 23, 2025. (Through Giuseppe Cacace / AFP, Getty Images / Getty Images)
The throat is a critical water road connecting the Persian Gulf with Oman Gulf and the Sea of Arabia. The waterway manages the world’s largest crude oil tankers and is considered one of the most important oil chokes in the world Energy Information Management (EIA).
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In 2024, about 20 million barrels of oil and global oil liquids per day, about 20% of global oil liquids flowed from the water path. According to EIA, there is a slight alternative option from oil from the shutter if it was closed.
If oil exports from the Strait, according to Lipova, oil prices can form a barrel of $ 100. This will increase gasoline prices for a gallon from the latest levels. There are forecasts that oil can rise between 120 and $ 130 a barrel. If so, gasoline prices will increase $ 1.25 per gallon.
