Expect $4 at the Gas Pump Soon, Ed Morse Warns

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Energy markets are expected to be severely impacted by the Iran war and Strait of Hormuz disruption, potentially leading to $4 gas prices, according to Ed Morse, senior adviser at Hartree Partners.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Ed Morse, senior adviser at Hartree Partners, assesses the impact of the Iran war and the Strait of Hormuz disruption on global energy markets. He ranked the crisis as more serious than anything since the early 1970s and warned markets are too complacent. He speaks on "Bloomberg Open Interest." (Source: Bloomberg)

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Original article published by Bloomberg on March 9, 2026.
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