A Return to $3 Gasoline? Traders Say It May Take Until End of 2026
2026-06-18 17:06:48
Oil prices have fallen after news of a US-Iran deal meant to reopen the Strait of Hormuz, but US drivers may not see $3 gasoline soon. In the second sentence, according to Bloomberg, traders and analysts said prices are unlikely to return to pre-crisis levels until crude oil and gasoline stockpiles are replenished, which they said probably won’t happen before the end of 2026.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
