US energy chief says gas prices could stay above $3 per gallon until next year - Reuters

<a href="https://news.google.com/rss/articles/CBMiyAFBVV95cUxOOHRvSkI2SmpWS2Y3cnJKZHhTamdOdnN0MU5LbVd1WWVMV2dBX2QwcTFjczl1dzRuUkt1Qzd3NXZiR2VuRVlELW9BZWwtSUlQVFpfVFFIMXdqYm9HMGRTUmRYRUYyNFNlZTRfWkZMU2Jfc1l3Nl9VN0J0dlV2YmFueGtLV2lvZGVkUDRiSGNmMUNhci03bjZrZ0VJa2tuTng5QTBxX0NSblBaX3pyVnNKNTVPRXNudlcwVTRPQ0RfMHVINXpjcDRfcQ?oc=5" target="_blank">US energy chief says gas prices could stay above $3 per gallon until next year</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

U.S. Energy Secretary Chris Wright stated that gas prices have likely peaked but may remain above $3 per gallon until next year due to the ongoing U.S.-Israeli war on Iran and Iranian attacks on nearby countries.

Oil prices surged by approximately 6% following a renewed escalation in the U.S.-Iran conflict, with Brent crude reaching $95.42 and WTI climbing to $89.77 per barrel. U.S. gasoline prices are currently averaging $4.05 per gallon, with Energy Secretary Chris Wright stating that prices are unlikely to fall below $3 per gallon until next year.

U.S. Energy Secretary Chris Wright acknowledged that gas prices might not drop below $3 per gallon until 2027, citing the ongoing U.S.-Israeli war on Iran and Iranian attacks on nearby countries as contributing factors.

U.S. Energy Secretary Chris Wright stated that gasoline prices may remain at $3 per gallon or more until next year, contradicting Treasury Secretary Scott Bessent’s prediction of relief by summer.

U.S. Energy Secretary Chris Wright stated that gasoline prices could remain above $3 per gallon until 2027, citing the ongoing U.S.-Israeli war on Iran and Iranian attacks on nearby countries as contributing factors.