Oil surge has caused spike in gas prices as analyst warns gas will reach $4/gallon amid Middle East tensions.

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

US gas prices are projected to hit $4.20 per gallon amid geopolitical tensions. Crude oil reaching new all-time highs by December 31 at 12.5% YES.