Power the Future founder and executive director Daniel Turner explains how the reopening of the Strait of Hormuz is pushing oil prices down, despite Middle East tensions on ’The Bottom Line.’
National average gas prices for regular unleaded have dropped below $4 a gallon, with diesel also decreasing over 50 cents this past month. Power the Future founder and executive director Daniel Turner analyzes how the reopening of the Strait of Hormuz is pushing oil prices down, emphasizing the crucial role of regional partners in ensuring safe passage for tankers and addressing a logistics problem, rather than a supply issue.
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