Sky-high gas prices from President Donald Trump’s war in Iran could linger for years, according to an economist.
In an appearance on MS NOW, Henrietta Treyz, Veda Partners’ co-founder and director of economic policy, gave a grim prognosis for drivers, saying it would be some time until we see “anything with a $2 in front of it” at the pump.
The sobering assessment comes as the Strait of Hormuz, a narrow body of water off Iran’s west coast through which around one-fifth of the world’s oil flows, remains closed to traffic.
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