Tension in the Strait of Hormuz keeps oil and gas prices 'volatile,' expert says

Apr 18, 2026 - 16:07
Tension in the Strait of Hormuz keeps oil and gas prices 'volatile,' expert says
GasBuddy petroleum analyst Matt McClain discusses the volatile crude oil prices, noting an increase from $64.01 last year to $84 today, with national average gas prices at $4.05 a gallon amid the armed tension in the Strait of Hormuz.