When the Strait of Hormuz reopens, how long will it take for gas prices to drop? episode artwork

EPISODE · Jun 15, 2026 · 2 MIN

When the Strait of Hormuz reopens, how long will it take for gas prices to drop?

from KNX News On Demand

The US and Iran have reached a deal to end the war. It reopens the Strait of Hormuz, and oil prices are already dropping due to the news. But how long will it take for gas prices to reach pre-war levels? Oil industry expert Andy Lipow talks about it with L.A.'s Morning News.

Episode metadata supplied by the publisher feed · Published Jun 15, 2026

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When the Strait of Hormuz reopens, how long will it take for gas prices to drop?

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