2026-0417 [ABC News]: How soon will Bay Area gas prices drop with Strait of Hormuz reopening? Here's what experts say
San Francisco's ABC evening news program interviewed Professor Tsay about the economic impact of the apparent reopening of the Strait of Hormuz during a temporary cease-fire agreement.
From the report:
Santa Clara University Professor of Business and Analytics Andy Tsay says you can assume, with how long the supply chain was impacted, it will take at least that much time to see an economic bounce back.
"And that's before you bake in the fact that people might not be so confident and might proceed gingerly ,because there's still some uncertainty. Things could fall apart at any moment," Tsay said. "The news may have been good, but the uncertainty still lingers."
Mar 18, 2026