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Gas prices could soon breach $5 a gallon if Strait of Hormuz remains shut, J.P. Morgan analysts say

Gas prices in the U.S. could near a record high later this month if the Strait of Hormuz remains sealed, energy industry experts warn. Gasoline prices in the U.S., which have risen $1.16 a gallon since the start of the Iran war in February, could top $5 a gallon as soon as later this month if the Strait of Hormuz remains closed through mid-April, according to J.P. Morgan energy anal... [2235 chars]

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