If the Strait of Hormuz is open, why are gas and diesel so expensive? — Live Feedhttps://www.live-feeds.com/feed/if-the-strait-of-hormuz-is-open-why-are-gas-and-diesel-so-expensiveContinuously updated, source-cited coverage. Gas and diesel prices remain high despite open Strait of Hormuzhttps://www.live-feeds.com/feed/if-the-strait-of-hormuz-is-open-why-are-gas-and-diesel-so-expensivehttps://www.live-feeds.com/feed/if-the-strait-of-hormuz-is-open-why-are-gas-and-diesel-so-expensive#u118775Mon, 12 Oct 2026 23:22:20 +0000Gas and diesel prices are still high despite the Strait of Hormuz being open, with refinery outages and global diesel crisis contributing to the increased prices. The situation has significant financial, political, and economic consequences. The high prices are affecting voters, particularly Latino voters in Pennsylvania, ahead of the midterms.Why it mattersThe Strait of Hormuz is a critical waterway for oil and gas shipping, and its status has a significant impact on global energy prices. The current situation is being closely watched by markets, policymakers, and voters. The high prices are