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

Name: Gas could soon hit $5 a gallon if Strait of Hormuz remains shut, JPMorgan analysis finds
Uploaded: 2026-04-07T17:22:00-0400
Duration: 5 min
Description: 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.

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.