INDIANAPOLIS — The ongoing conflict between the United States and Iran may lead to higher gas prices in Indiana if it disrupts global oil supplies. President Donald Trump recently announced that negotiations with Iran would continue, but also declared the ceasefire over, raising concerns about the Strait of Hormuz, a key route for global oil shipments.
Local Impact
Indiana’s congressional representatives have taken different positions on the conflict. Rep. Marlin Stutzman, a Republican, expressed concerns about the duration of the fighting, while Democratic Rep. André Carson criticized the conflict and renewed calls for the US to rely less on foreign oil.
According to AAA, the average price for regular gasoline in Indiana was $3.25 a gallon as of Saturday night. Earlier this year, Gov. Mike Braun paused Indiana’s gasoline tax, lowering prices by about 60 cents a gallon. However, under state law, the tax suspension is set to end in early August, which could increase fuel prices by about 60 cents a gallon if lawmakers do not act.
Original reporting: 93.1 WIBC (Indianapolis) — read the source article.
