Could gas prices get even higher in Tampa Bay? Experts say yes.
Gas pricesare high and it could get worse, experts say, which could also create a major drag onFlorida’s economy.
It all depends on what happens in the Strait of Hormuz, economists say, a narrow waterway between the Persian Gulf and the Gulf of Oman through which about 20 million barrels of oil are carried each day — representing about a fifth of the world’s oil supply.
Since the U.S. and Israel launched strikes in Iran in late February, the country has blocked transportation through the strait, backing up thousands of vessel
Gas pricesare high and it could get worse, experts say, which could also create a major drag onFlorida’s economy.
It all depends on what happens in the Strait of Hormuz, economists say, a narrow waterway between the Persian Gulf and the Gulf of Oman through which about 20 million barrels of oil are carried each day — representing about a fifth of the world’s oil supply.
Since the U.S. and Israel launched strikes in Iran in late February, the country has blocked transportation through the strait, backing up thousands of vessel
19 days ago