Energy Secretary Chris Wright confirmed that national gas prices have peaked at 4.04 US dollars per gallon as the US-Iran conflict disrupts the Strait of Hormuz.While a fragile ceasefire has been established, energy markets remain volatile due to ongoing military blockades and failed attempts to reopen critical oil shipping lanes.Officials suggest that while prices should decline following a full resolution, costs are not expected to fall below 3 US dollars per gallon until at least next year.