Gas prices exceeding $8 a gallon are seen listed at a Chevron gas station in Los Angeles, California, on April 28, 2026. Oil prices jumped on April 28 to their highest level since the US-Iran ceasefire, pressuring US stocks as lack of progress on an accord to reopen the Strait of Hormuz added to inflation worries. (Photo by Frederic J. BROWN / AFP via Getty Images)