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AXIOS (Ben Geman) - Get used to higher gas prices this year

Even if the Iran conflict ended now and the Strait of Hormuz fully opened, don't look for a quick return to pre-war gas prices. Why it matters: Costlier fill-ups are the most direct and visible economic effect of the war for many Americans, and could sway midterm election races. Driving the news: Energy Secretary Chris Wright told CNN Sunday that gas might not drop all the way down to the pre-war level — just under $3 per gallon — until next year. - But President Trump appeared to contradict him in comments to The Hill Monday, seeing a faster drop. The big picture: Researchers and the analysts we've talked to see slower price drops — pretty close to Wright's prediction. - And the Iran war — and threats to oil supplies —…

Even if the Iran conflict ended now and the Strait of Hormuz fully opened, don't look for a quick return to pre-war gas prices. Why it matters: Costlier fill-ups are the most direct and visible economic effect of the war for many Americans, and could sway midterm election races. Driving the news: Energy Secretary Chris Wright told CNN Sunday that gas might not drop all the way down to the pre-war level — just under $3 per gallon — until next year. - But President Trump appeared to contradict him in comments to The Hill Monday, seeing a faster drop. The big picture: Researchers and the analysts we've talked to see slower price drops — pretty close to Wright's prediction. - And the Iran war — and threats to oil supplies —…Open