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Event Brief

Expert: Gasoline could rise another 20–30 cents

Kevin Book says gasoline prices could rise another 20 to 30 cents amid oil-market uncertainty and Strait of Hormuz closure.
WHO: Kevin Book
WHAT: Forecast that gasoline prices could rise another 20 to 30 cents
WHEN: Apr 30, 2026 at 6:05 PM ET
WHERE: Persian Gulf
WHY: Oil markets are reacting to uncertainty tied to White House policy and tensions in the Persian Gulf, with the Strait of Hormuz closure pushing crude higher.
How this story developed (showing 2 of 2 earlier reports)
Sources (1): Bloomberg

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