Iran Ceasefire and Gas Prices
Despite the U.S. and Iran ceasefire largely holding, gas prices are not expected to drop immediately. Jason Bordoff from Columbia University stated that even with free passage for oil tankers in the Strait of Hormuz, Middle Eastern energy infrastructure will take months or years to recover. This insight was shared during a PBS News Hour segment.
Coverage
- First reported: @CIG_telegram
- Most detailed: @CIG_telegram
- Total sources: 1
- Created: 2026-04-11 01:53:03 CEST
- Updated: 2026-04-11 01:53:11 CEST
Timeline
- @CIG_telegram ยท 1 messages ๐ท 2026-04-10T23:52:13+00:00
Media
Source Messages
๐ข ๐ฎ๐ท ๐ข Despite the U.S. and Iran ceasefire largely holding, gas prices are unlikely to drop right away. Even when oil tankers can pass freely in the Strait of Hormuz again, energy production infrastructure in the Middle East will take months, if not years, to recover. Jason Bordoff, the founding director of the Center on Global Energy Policy at Columbia University, spoke with PBS News Hour about what's next for gas prices around the world.
๐ PBS News
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