
U.S. regular gasoline rebounded to $4.00 a gallon on Monday after falling attempts, as military strikes between the U.S. and Iran escalated. The renewed geopolitical risk is pushing energy prices higher despite President Trump’s earlier call for retailers to cut prices immediately. The development is a near-term headwind for inflation expectations and consumer sentiment.
U.S. regular gasoline rebounded to $4.00 a gallon on Monday after falling attempts, as military strikes between the U.S. and Iran escalated. The renewed geopolitical risk is pushing energy prices higher despite President Trump’s earlier call for retailers to cut prices immediately. The development is a near-term headwind for inflation expectations and consumer sentiment.
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