EIA: Strait of Hormuz Closed Through Late May, Fuel Prices Rise
Home World News US government's energy arm assumes Strait of Hormuz will stay shut through late May US EIA says Iran driven closure of the Strait of Hormuz through late May is lifting fuel prices, sees US gasoline averaging $3.88 a gallon and Brent near $106 a barrel this year. By Reuters May 12, 2026