Trump Says 'the oil will flow' — Will GAS PRICES actually drop?

President Donald Trump said the Strait of Hormuz will reopen and that "the oil will flow," raising questions about whether drivers could soon see relief at the pump.

The waterway handles roughly one-fifth of the world's oil trade, making it one of the most important shipping routes for global energy markets.

Here's what the latest developments could mean for oil prices, gasoline costs and inflation.

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