Gas prices could remain high this fall even if crude prices stabilize. Here's why
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Source: CNBC
Published: 2026-08-07 03:39 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Middle East, Europe, Military & Defence, Iran, Ukraine/Russia, Energy, Economy & Finance, Financial Markets, World News, Business & Economy, War & Conflict
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Snippet:
Gas prices could remain stubbornly high even after the summer driving season ends, as the world faces a tight fuel market due to a shortfall of refining capacity caused by the wars in Europe and the Middle East.
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