New Delhi, April 20 -- Iran War Impact With petrol costs still above $3 a gallon and a ceasefire already under strain, the Trump administration is bracing Americans for a long road back to cheap fuel.
American motorists should not expect relief at the pump anytime soon. Energy Secretary Chris Wright acknowledged on Sunday that average gasoline prices - which surged following the outbreak of hostilities between the US and Iran- may not fall below the $3-per-gallon threshold until next year, and possibly not until 2027.
The Trump admission lands at a fraught moment for the Republican Party, with midterm elections approaching and household budgets stretched by fuel costs that have climbed more than a dollar above where they stood twelve mo...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.