Here’s how much you could pay for a gallon of gas by May because of the attacks on Iran

Geopolitical tensions stemming from attacks on Iran are projected to significantly impact global oil prices, potentially leading to a substantial increase in gasoline costs by May. Investors should monitor developments in the Middle East closely, as any escalation could further disrupt supply chains and drive energy sectors higher, putting pressure on consumer spending and inflation forecasts. The magnitude of price hikes will largely depend on the duration and intensity of the conflict.