Gas Prices Rise in US as Strait of Hormuz Talks Remain Stalled

May 2, 2026
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As the war with Iran continues to impact the critical Strait of Hormuz, gas prices are continuing to rise across the United States with talks to reopen the critical waterway stalled. It comes as President Donald Trump is vowing that gas prices will go down, but only once the war is over and there’s no clear timeline for that. NBC’s Allie Canal reports for Saturday TODAY.



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