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Uncertainty looms as last oil tanker from Middle East arrives in California
In May 2026, the last planned oil tanker carrying 2 million barrels of Iraqi crude via the Strait of Hormuz from the Middle East arrived in Long Beach, California. The ongoing Iran-US-Israeli conflict has closed the key shipping strait, pushing California's average gas price to $6.16 per gallon, with the state needing to secure new oil import sources to replace the roughly one-third of its supply previously sourced from the Persian Gulf, while national average gas prices hit $4.54.
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105- First seen
- May 7, 2026, 3:02 AM
- Last updated
- May 7, 2026, 4:16 AM
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Uncertainty looms as last oil tanker from Middle East arrives in California
May 7, 2026, 3:02 AM