Gas prices may stabilize as oil drops from recent surge, analyst says

Name: Gas prices may stabilize as oil drops from recent surge, analyst says
Uploaded: 2026-03-09T17:04:53Z
Description: GasBuddy says oil prices have fallen from recent highs after spiking amid tensions around the Strait of Hormuz, a key global oil chokepoint. While prices at the pump have risen in recent days, analysts say a continued drop in crude oil could help prevent further sharp increases.

GasBuddy says oil prices have fallen from recent highs after spiking amid tensions around the Strait of Hormuz, a key global oil chokepoint. While prices at the pump have risen in recent days, analysts say a continued drop in crude oil could help prevent further sharp increases.

Posted March 9, 2026 10:04am PDT