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Gas could soon hit $5 a gallon if Strait of Hormuz remains shut, JPMorgan analysis finds

08/04/2026-01:36 08/04/2026-01:46 חדשות CBS News דיווח

Gas could soon hit $5 a gallon if Strait of Hormuz remains shut, JPMorgan analysis finds
A new analysis from JPMorgan says gas prices could hit $5 per gallon as soon as this month if the Strait of Hormuz stays closed. Former Trump economic adviser Stephen Moore joins "The Takeout" to discuss.

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