Mohamed El-Erian warns gas prices will hit $4/gal in US by end of July due to tensions with Iran and Strait of Hormuz.

Gas prices may spike and reach $4/gallon due to U.S.-Iran tensions over the Strait of Hormuz, warns this analyst.

Hassett predicts U.S. gasoline prices could drop to $3 per gallon. New all-time high for crude oil by December 31 at 14.5% YES.