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The El Paso

If the Strait of Hormuz is open, why are gas and diesel so expensive?

By Matt Egan, CNN New York (CNN) — The Strait of Hormuz is no longer paralyzed and yet fuel prices remain painfully high. It’s a vexing problem with profound financial, political and economic consequences. Gasoline prices, averaging $4.36 a gallon nationally, have never been this high at this tim...

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